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Can you explain the answer of this question below:
X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:
  • A:
    Rs. 20,000
  • B:
    Rs. 19,500
  • C:
    Rs. 19,000
  • D:
    Rs. 18,500
The answer is c.
Most Upvoted Answer
Can you explain the answer of this question below:X purchased goods on...
Correct Answer :- c
Explanation : If goods remain unsold then there will be no deduction of cash discount from total amount but trade discount will be deducted.
Therefore, trade discount = 20000 - 1000
= 19000.
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Community Answer
Can you explain the answer of this question below:X purchased goods on...
If goods remain unsold then there will be no deduction of cash discount from total amount but trade discount will be deducted so the correct answer is 19000
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Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c.
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Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c..
Solutions for Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. defined & explained in the simplest way possible. Besides giving the explanation of Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c., a detailed solution for Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. has been provided alongside types of Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. theory, EduRev gives you an ample number of questions to practice Can you explain the answer of this question below:X purchased goods on 90 days credit from Y worth Rs. 20,000. Y has given a trade discount of Rs. 1,000 on the same. Since Y also offered a cash discount of Rs. 500, if payment is made within 30 days, X avails the cash discount and paid the dues to Y. At the end of the year the goods purchases from Y remain unsold and included in the stock. The value of such goods would be:A:Rs. 20,000B:Rs. 19,500C:Rs. 19,000D:Rs. 18,500The answer is c. tests, examples and also practice Commerce tests.
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