cash purchase rupees 160000 at 10% and 5% CB what is the amount of net purchase
Answers
Answer:
1,36,800
Explanation:
Given -
Cash purchase = 1,60,000
CB (Cash Back) = 10% and 5%
To find -
The net purchase
Solution -
Cash back = 10% and 5%
it means first 10% of amount then 5% of remaining amount
so
Net purchase= money after second cashback
money after first cash back = Total money - Cash back
= 1,60,000 - 10%
= 1,60,000 - (160000×10%)
= 1,60,000 - (160000×10/100)
= 1,60,000 - (1600000/100)
= 1,60,000 - 16,000
= 1,44,000
Money after second cashback (total net purchase) = money after first cash back - second cash back
= 1,44,000 - 5%
= 1,44,000 - (144000×5%)
= 1,44,000 - (144000×5/100)
= 1,44,000 - (5×144000/100)
= 1,44,000 - (5×1440)
= 1,44,000 - 7,200
= 1,36,800
Hance net purchase = 1,36,800.
remember :- never add both discount and solve them. You should solve first discount after that the second one.
hope it helps.