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On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account of credit purchase from the later. He paid Rs.1800 on 30th June 2009 after availing a cash discount of 10% .On 30th September 2009, he paid Rs.2850 after availing a cash discount. 0n account of final settlement,the amount to be paid by Suraj without any discount will be?
a) 2350
b)2000
c)2200
d)2150?
Most Upvoted Answer
On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account ...
Calculation of Outstanding Amount:
- On 31st March 2009: Rs. 7000
- Paid on 30th June 2009: Rs. 1800 (after 10% discount)
- Outstanding Amount as of 30th June 2009: Rs. 5200
- Paid on 30th September 2009: Rs. 2850 (after discount)
- Outstanding Amount as of 30th September 2009: Rs. 2350

Final Settlement Amount:
The final settlement amount will be the outstanding amount as of 30th September 2009 without any discount, which is Rs. 2350.

Therefore, the correct option is (d) 2150.
Community Answer
On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account ...
D
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On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account of credit purchase from the later. He paid Rs.1800 on 30th June 2009 after availing a cash discount of 10% .On 30th September 2009, he paid Rs.2850 after availing a cash discount. 0n account of final settlement,the amount to be paid by Suraj without any discount will be?a) 2350b)2000c)2200d)2150?
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On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account of credit purchase from the later. He paid Rs.1800 on 30th June 2009 after availing a cash discount of 10% .On 30th September 2009, he paid Rs.2850 after availing a cash discount. 0n account of final settlement,the amount to be paid by Suraj without any discount will be?a) 2350b)2000c)2200d)2150? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account of credit purchase from the later. He paid Rs.1800 on 30th June 2009 after availing a cash discount of 10% .On 30th September 2009, he paid Rs.2850 after availing a cash discount. 0n account of final settlement,the amount to be paid by Suraj without any discount will be?a) 2350b)2000c)2200d)2150? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 31st march 2009,Suraj has to pay to M/s Chandra Rs.7000 on account of credit purchase from the later. He paid Rs.1800 on 30th June 2009 after availing a cash discount of 10% .On 30th September 2009, he paid Rs.2850 after availing a cash discount. 0n account of final settlement,the amount to be paid by Suraj without any discount will be?a) 2350b)2000c)2200d)2150?.
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