Question

Goods purchased from Parul for 20,000 at a trade discount of 10% and cash
discount of 2%. He paid 50% immediately and availed cash discount.
​

Answer 1

now the goods he got cash discount on cash payment is

10000

now the cost of goods given with 2℅ discount is deducted

on cost of goods so 10000 is 98%

so when 10000 is 98% then 1%=10000/98

now 1%=102.04

then the cost of goods is 98%+2%

100(102.04) so the goods cost is

10204