Question

Goods sold on credit tokamak worth Rs.5,000 on the20% trade discount and 5% cash discount.

Answer 1

Answer:

Rs. 3800

Explanation:

Price of the goods: Rs.5000

Trade discount: 20% of 5000

                      ⇒ 5000 × 20/100

                      ⇒ Rs. 1000

∴ Net amount: 5000 - 1000

                    ⇒ Rs. 4000

Cash discount: 5% of the price of the goods

                     ⇒ 4000 × 5/100

                     ⇒ Rs. 200

∴ Net payment: 4000 - 200

                      ⇒ 3800