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Explanation: • Source documents (e.g., invoices, receipts, debit notes) act as proof of transactions. • Ledger is a book of accounts , not a source document.
A shopkeeper buys toffees at the rate of 14 for 1 rupee. At what rate (how many toffees per rupee) should he sell them to earn a 40% profit?
A dishonest fruit seller sells fruits at 8 % loss. If he uses 860gm weight in place of 1kg weight, then what is his profit percent?
A person sold his goods after announcing two successive discounts of 32% each. The effective discount altogether is