Atul purchased goods costing Rs 50000 at and in which place which is 50% of cost on invoice price in a 10% trade discount and 3750 cash discount on cash payment on of goods in lump sum at the time of purchase the purchase price to be recorded in the books will be​

Rs 63750

Explanation:

Since Atul purchased goods costing Rs 50000 at an invoice price,which is 50% above cost. Then the purchase of the goods cost:

= 50000 × (100% + 25%)

= 50000 × 125%

= 50000 × 1.25

= Rs 75000

We then deduct the trade discount of 15% to get the purchase price to be recorded in the book. This will be:

= 75000 × (100% - 15%)

= 75000 × 85%

= 75000 × 0.85

= 63750

Therefore, the answer is Rs63750

answer; ///retained

answer; proclamation of 1763;