Question

Sold goods to raj worth Rs.90000 @10%T.D. and 1/3amt. Received by cash @5%C.D.

Answer 1

Answer:

sold price = 90,000

trade discount = 10%

10% on 90,000 will be 9000.

So when trade discount is subtracted from selling price I.e., 90,000 - 9000 the answer will be 81,000.

In that 81000, 1/3rd amount has been received at 5% of cash discount I.e., 27,000.

So the remaining amount which have to be given by the debtor is 54,000.