Question

Purchased from M/s. Mahesh Bros. Mumbai 30 shirts @Rs.250 per shirt 40 pants @ 350 per pant @ 8% Trade Discount. Calculate the amount to be recorded in purchase book. *​

Answer 1

Answer:

Rs.19780

Explanation:

Assuming that Trade Discount is on both goods.

250 × 30 + 350 × 40 - Trade Discount

= 7500 + 14000 - T. D.

= 21500 - 8% of 21500

= 21500 - 1720

= Rs. 19780