Question

purchased goods from Arvind at the list price of Rs 40,000 at 10%Trade discount (How many accounts in this question)​

Answer 1

Answer:

purchase a/c 36,000

Arvind a/c 36,000

they are only 2 accounts

Answer 2

Answer:

The list price of ₹ 40,000.

Explanation:

• trade discount=10% if 100₹ off10%=100-10=90. if. 1₹ discount. 90/100 . SO 40 000discount=90/100×400000=36000₹