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| 1. |
X purchased goods on 90 days credit from Y of worth Rs.20,000. Y has given a trade discount of Rs.1,000 on the same. He also allowed a cash discount of Rs.500, ifnpayment is madennwithin 30 days. X availedncash discount andnnalso paid the dues of Y. Atnthe end, goodsnnpurchased from Y remainednunsold andnnincluded in the stock. Whatnis the amount ofnnstock. |
| A. | Rs.20,000 |
| B. | Rs.19,500 |
| C. | Rs.19,000 |
| D. | Rs.18,500 |
| Answer» D. Rs.18,500 | |