The list price of a cupboard is ₹15,000. A trade discount of 12% is allowed. Find the trade discount and the i

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Q. The list price of a cupboard is ₹15,000. A trade discount of 12% is allowed. Find the trade discount and the invoice (net) price.

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Trade discount is computed on the list (marked) price:

\text{Trade discount}=\frac{12}{100}\times15000=₹1{,}800.

Invoice price is the list price less the trade discount:

$\text{Invoice price}=15000-1800=₹13{,}200.$ …

Q.The list price of a cupboard is ₹15,000. A trade discount of 12% is allowed. Find the trade discount and the invoice (net) price.