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Goods worth Rs.5,000 were supplied to Mr. X at an invoice price of 20% above cost and allowed trade discount at 10% on invoice price. The amount of sale will be Rs.____

🗓 Jul 10, 2021

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Sandeep 🌐 Province 3
Cost = Rs 5000
Invoice price = cost + 20% of cost
= Rs 5000 + Rs 1000
= Rs 6000
Now, Sale value = Rs 6000 - 10% of Rs 6000
= Rs 6000 - Rs 600
= Rs 5400
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