Question

Purchase goods Rs 100000 less 20% trade discount and IGST @12 % what is the invoice price ? ​

Answer 1

Hello Mate ❤❤

Answer:

=> Rs 89600 /-

__________________________________

Given

Purchase goods Rs 100000 less 20% trade discount and IGST @12%.

To Find

The invoice price.

Explanation:

=> Cost Price = 100000

=> -20% T.D = 100000 × 20/100

= 20000

= 80000 ......( -20% T.D because the discount is in less quantity)

Now,

=> +12% IGST = 9600

But,

Invoice price = T.D + GST ( or IGST)

=> invoice price = 80000 + 9600

= Rs.89600

Hence,

The Price of the Invoice will be 89600 Rupees.

Thanks!! ☺

Answer 2

                 Cost     =      100000

              (-)  t.d      =       20000 ( 20% )

        sale price      =       80000

             (+) IGST    =         9600 ( 12% )

    invoice price     =       89600

the invoice price is 89,600 rs