Question

goods sold for 8000 at 10% trade discount and 3% cash discount for cashplease show me the answer ​

Answer 1

CALCULATION :

1) Trade Discount @ 10 %

8000 x 10 / 100 = 800(this is amount of TD)

2) Invoice Price = 8000 - 800

= 7200

3) Sold @ 3 % CD

7200 x 3/100 = 216

Sold @ = 7200 - 216

= 6984