Maharashtra State BoardHSC Commerce 12th Board Exam
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A Wholesaler Allows 25% Trade Discount and 5% Cash Discount, What Will Be the Net Price of an Article Marked at ₹1,600? - Mathematics and Statistics

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Sum

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

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Solution

Marked price = ₹1600

Trade discount 25% of 1600 

= `25/100 xx 1600`

= ₹ 400

Invoice price = Marked price - Trade discount 

= 1600 - 400 

= ₹ 1200

Cash discount 5% of 1200 

= `5/100 xx 1200 = 60`

Net price = 1200 - 60 

=  ₹ 1140 

Concept: Commission, Brokerage and Discount
  Is there an error in this question or solution?

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