sold goods purchased at list price of 50000 sold at a profit of 25% less 10% trade discount
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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. So, the accurate selling price of goods = 53,125-531= 52594.
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y
Explanation:
Sold goods purchased at list price of 50,000 less 15% trade discount sold at a profit
of 25% less 10% trade discount against cheque
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