Question

Sold 30 jackets at ₹500 pet Jacket at 8% trade discount, What is the amount of Trade Discount? *
1 point

Answer 1

Explanation:

C.P=30{500+8/100(500)}

C.P=30(500+40)

C.P=30×540=16200/-

trade discount amount=S.P-C.P=16200-15000

=1200/-

Answer 2

No. of jackets sold = 30

Cost of each Jacket = ₹500

Trade discount given = 8%

So,

total cost of 30 jackets = 30 x ₹500

= ₹15000

trade discount = 8% of ₹15000

= (8/100) x ₹15000

= ₹3200

Hence the amount of trade discount available on 3 jackets will be ₹3200.

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