Accountancy, asked by Rajkeshri055, 1 year ago

Sold goods to Karan of list price Rs.40,000 at 10% trade discount and 2% cash discount Karan paid cash for only 40% value of goods

Answers

Answered by Akash7766
13

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\textsf{\pink{Q.}}Sold goods to Karan of list price Rs.40,000 at 10% trade discount and 2% cash discount Karan paid cash for only 40% value of goods.

\textsf{\pink{Ans.}} Cost Of Goods = Rs. 40,000

less: 10% T.D. → Rs. 4,000

Balance = Rs. 36,000

less: 2% C.D. →Rs. 720

Balance = Rs. 35,280

___________________

Amount Paid = 40% of Rs. 35,280

= Rs. 14,112

Balance left = Rs. 21,168

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