Question
Ramesh purchased some items from a dealer on 19 November
2019. The bill generated was for ₹5,480. He had also purchased some items on 10 November 2019 having the bill value of ₹9,800. He cleared both the bills this time and paid the total amount in cash. If the dealer gives a scheme of 2% discount on the payments done within 10 days and 5% for the payments made in cash at the time of purchase, then find the amount paid by Ramesh on 19 November 2019.Solution
Ramesh purchased items worth ₹9,800 on 10 November 2019 and ₹5,480 on 19 November 2019. He paid both bills on 19 November. Since he paid the 10 November bill within 10 days, he got a 2% discount:
2% of ₹9,800 = ₹196 → Amount paid = ₹9,800 - ₹196 = ₹9,604 For the 19 November bill, he paid in cash on the same day, so he got a 5% discount:
5% of ₹5,480 = ₹274 → Amount paid = ₹5,480 - ₹274 = ₹5,206 Total amount paid by Ramesh = ₹9,604 + ₹5,206 = ₹14,810
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