If catalogue price is 1,000 with a trade discount of 10%, the net amount payable will be
will be
If a further cash discount of 5% is allowed, the amount payable
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Answer:
Catalogue price = 1000
(-) trade discount = 100
(1000*10%)
Net amount payable =900
If cash discount also allows then net amount payable is :-
5%cash discount calculated on rs 900
900-(900*5%)
=900-45=855
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