Question

X purchased goods on 90 days credit from Y of worth Rs.20,000. Y has given a trade discount of Rs.1,000 on thesame. He also allowed a cash discount of Rs.500, if payment is made within 30 days. X availed cash discount andalso paid the dues of Y. At the end, goods purchased from Y remained unsold and included in the stock. What is theamount of stock.a) Rs.20,000
b) Rs.19,500c) Rs.19,000
d) Rs.18,500

Answer 1

d) 18500 is answer probably