sold goods purchased at list price 50000 sold at profit 25% less trade 10% trade discount against cheque
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Answer: Cost price of the product = 50000 less than 25 % (50000 x 85/100) = 42500, Selling price of product = 15% less than profit (42500 x 125/100) = 53,125, 10% of trade discount = 10/ 100 x 53125 = 531.
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