Accountancy, asked by sanjirikabrahma, 4 months ago

If a trader sells goods of the list price of Rs 20,000 at 10% trade discount and 2% cash discount, the net amount will be

Answers

Answered by wissenacademy101

3

Answer:

net amount = Rs. 17640

Explanation:

list price is 20000

less trade discount @ 10% = 20000*10/100 = 2000

amount after trade discount 20000-2000 = 18000

cash discount = 18000*2/100 = 360

net amount = 18000- 360 = 17640

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