Question

State the amount of cash received from Sonam to whom the goods for ₹ 20000 are sold @ 10% TD, 5% CD and 12% GST. *
c. ₹ 19152
b. ₹ 15048
a. ₹ 17100
d. None of these

Answer 1

Explanation:

₹ 20,000 - 10% TD

20,000 - (20,000 × 10/100)

= 20,000 - 2,000

= 18,000

18,000 - 5% CD

= 18,000 - (18,000 × 5/100)

= 18,000 - 900

= 17,100

The amount of cash received =

17,100 + 12% GST

= 17,100 + 2,052

= 19,152

The amount of cash received = ₹ 19,152

Therefore, option c. ₹ 19,152

The amount of cash received = ₹ 19,152