Question
An item is listed for Rs. 20,000. It is sold after giving
three consecutive discounts of 25%, 5% and 10%. What is the final selling price of the item?Solution
ATQ,
Required selling price = 20,000 Ă— 0.75 Ă— 0.95 Ă— 0.90 = Rs.12,825
Account Receivable Turnover ratio is calculated by
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