हिंदी

A whole seller allows 25% trade discount and 5% cash discount. What will be the net price of an article marked at ₹ 1,600? - Mathematics and Statistics

Advertisements
Advertisements

प्रश्न

A whole seller allows 25% trade discount and 5% cash discount. What will be the net price of an article marked at ₹ 1,600?

योग

उत्तर

The article is marked at ₹ 1,600 i.e. its list price is ₹ 1,600.

Wholesaler allows 25% trade discount.

∴ Trade discount = 25% of List price

= 25% of ₹ 1,600

`= 25/100 xx 1600` = ₹ 400

Invoice Price = List price – Trade discount

= 1,600 – 400 = ₹ 1,200

Also, the wholesaler allows 5% cash discount

∴ Cash discount = 5% of invoice price

= 5% of ₹ 1,200

`= 5/100 xx 1200` = ₹ 60

∵ Net price = Invoice price – Cash discount

= 1,200 - 60

∴ Net price = ₹ 1,140

∴ Net price of the article is ₹ 1,140.

shaalaa.com
Discount
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Commission, Brokerage and Discount - Exercise 1.1 [पृष्ठ ६]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Commission, Brokerage and Discount
Exercise 1.1 | Q 15 | पृष्ठ ६

संबंधित प्रश्न

True discount on the sum due 8 months hence at 12% p.a. is ₹ 560. Find the sum due and present worth of the bill.


Find the true discount, banker’s discount and banker’s gain on a bill of ₹ 4,240 due 6 months hence at 9% p.a.


A bill of ₹ 6,395 drawn on 19th January 2015 for 8 months was discounted on 28th February 2015 at 8% p.a. interest. What is the banker’s discount? What is the cash value of the bill?


A bill of ₹ 8,000 drawn on 5th January 1998 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.


A bill of ₹ 51,000 was drawn on 18th February 2010 for 9 months. It was encashed on 28th June 2010 at 5% p.a. Calculate the banker’s gain and true discount. 


Choose the correct alternative.

P is the abbreviation of


Fill in the Blank.

The banker’s discount is also called _______.


_______ = List price (catalogue Price) – Trade Discount.


The difference between the banker’s discount and true discount is called sum due.


State whether the following statement is True or False.

The bankers discount is also called as commercial discount.


A bill was drawn on 14th April 2005 for ₹ 3,500 and was discounted on 6th July 2005 at 5% per annum. The banker paid ₹ 3,465 for the bill. Find the period of the bill. 


A trader offers 25% discount on the catalogue price of radio and yet makes 20% profit. If he gains ₹ 160 per radio, what must be the catalogue price of the radio?


A bill of ₹ 4,800 was drawn on 9th March 2006 at 6 months and was discounted on 19th April 2006 for `6 1/4`% p.a. How much does the banker charge and how much does the holder receive?


Choose the correct alternative:

If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______


Choose the correct alternative:

The date on which the period of the bill expires is called  ______


Choose the correct alternative:

The marked price is also called as ______


The date on which the bill is drawn is called as ______


A bill was drawn on 14th April for ₹ 7,000 and was discounted on 6th July at 5% p.a. The Banker paid ₹ 6,930 for the bill. What is the legal due date


A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×