Question

machine costing rs 16000 sold at loss of 25% through cheque
journal entry​

Answer 1

ANSWER:

12000

Explanation:

25 % of 16000 is 4000

16000-4000=12000

Answer 2

Answer:

So ATQ, CP = ₹16000 and loss %= 75

So,

SP= 16000 X (100-25)/100

SP= 16000 X 75/100

SP= 160 X 75

SP= 12000

Hence SP is ₹12000

Loss= ₹(16000-12000)

= ₹4000

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