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Financial Forensics · Quiz 1 · 27 Oct 2024 · September 2024 term

Question 2: Sold goods worth ₹ 86,000 for ₹ 98,000. A cash discount o…

Question 2

+1 markOne correct option

Sold goods worth ₹ 86,000 for ₹ 98,000. A cash discount of 10% was offered to the customer if payment is settled immediately. The customer took advantage of the offer and transferred the amount immediately through internet banking. What will be the value of the sale?

  1. A

    86,000

  2. B

    98,000

  3. C

    77,400

  4. D

    88,200

Show answer

Correct answer

  • D

    88,200

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Question 2 of 23 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 1 mark.

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