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प्रश्न
A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.
उत्तर
A wholeseller allows a 25% trade discount and a 5% cash discount The net price of an article marked at ₹ 1,600 is ₹ 1140.
Explanation:
25% trade discount on ₹ 1600.
= `25/100 xx 1600`
= ₹ 400
Invoice Price = 1600 – 400 = ₹ 1200
5% cash discount on invoice price.
= 5% × 1200
= `5/100 xx 1200` = ₹ 60
∴ Net price = 1600 – (400 + 60)
= 1600 – 460
= ₹ 1140.
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Solution: Banker’s Discount
B.D.= F.V. − C.V. = 8,000 −7,680 = ₹ 320
Date of drawing = 5th January 2019
Period = 8 months
Nominal due date = `square`
Legal due date = `square`
B.D. = Interest on F.V. for n at 10% p.a.
∴ B.D. = `("F.V." xx "n"/365 xx "r")/100`
∴ 320 = `(8000 xx "n"/365 xx 10)/100`
∴ n = `square` days
April | May | June | July | Aug | Sep | Total |
15 | 31 | 30 | 31 | 31 | `square` | `square` |
∴ Date of discounting is `square`
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