(c) 4. Goods costing *20,000 is sold at a profit of 20% on cost and trade discount is allowed @ 10% and cash discount of 10% is also allowed. Half the payment was received at the time of sale. What is the amount of cash received at the time of sale? (a) ₹9,720 (b) 10,800 (c) 311,880 (d) 10,820
Answers
Answered by
3
Answer:
he received 9720
hope you got your answer!
Answered by
7
Answer:
9720
Explanation:
20000×20%=4000/-
=20000+4000
=24000
trade discount=24000×10%
=2400
less: discount=24000-2400
=21600
cash discount=21600×10%
=2160
less: cash dis=21600-2160
sold price =19440
Received half payment:
19440/2
Cash received at the sale time =9720
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