Question

M/s. Saket Electronics is given 15% trade
discount and 5% cash discount on purchase
of television sets by the distributor. Find the
total discount availed if M/s. Saket Electronics
purchases TV sets worth Rs. 12,00,000 from the
distributor.​

Answer 1

Answer:

231000

Step-by-step explanation:

he first receives a trade discount

i.e 15%on 1200000 i.e rs 180000

1200000-180000=1020000

now he is given another 5% cash discount

i.e 1020000*.05=rs 51000

so in total he receives a discount of rs 231000

always remember that a cash discount is given on the reduced amount and not on the original amount.