Question

Goods costing Rs. 50,000 sold to Kumar Furniture With 40% profit @ 20% T.D and Cash Discount @5% ,

What is the value of Trade Discount:-

a) 10000 b) 5000 c) 14000 d) 20000.​

Answer 1

Explanation:

goods costing 50,000

Add profit

40% 20,000

Total 70,000

less Trade

discount 14000

Option C) is value of trade discount Rs 14,000