Accountancy, asked by VIJAYSIVA8034, 2 months ago

Purchased goods of Rs. 5000. Received a cash discount of 2%

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Answered by Anonymous

0

selling price = 5000

loss % (discount %) = 2

cost price = (100- loss%)× Selling price

=(100-2/100) × 5000

=98/100 × 5000

= rupees 4900

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