Mittal Bros. purchased 100 shawls @ 3,000 per shawl. Allowed 10% Trade Discount
and 3% Cash Discount if payment is made within 14 days. Mittal Bros. received 10 shawls of poor quality, which it returned. Mittal Bros. settled the payment in 10 days.
Answers
Answered by
5
Answer:
234900 ₹ pay
Explanation:
total purchased shawls = 100
poor qualities shawls returned = 10
total shawls. = 90
cost of one shawls =3000
= ( 3000×90 )
= 270000
trade discount @ 10%. = 270000×10\100
= 27000
= 270000 - 27000
= 243000
cash discount @ 3%. = 270000 × 3\100
= 8100
= 243000 - 8100
= 234900
total Amt. 234900₹
Similar questions