Question

Ravi purchased on credit goods for Rs. 5,00,000 less 20% trade discount. As per the terms, he can get 4% cash discount if he pays the full amount within 15 days. What amount he will pay if he avails the cash discount?

Answer 1

Answer:

3,84,000

Explanation:

Marked Price. 5,00,000

less:TD 20%. 1,00,000

4,00,000

LESS: CD 4%. 16,000

3,84,000