Multiple choice

Priya sold goods to Nidhi for Rs. 1, 00, 000. Priya will grant 5% discount to Nidhi. Nidhi requested Priya to draw a bill. The amount of the bill will be

  1. Rs. 1, 00, 000

  2. Rs. 95, 000

  3. Rs. 93, 800

  4. Rs. 90, 000

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Bill is drawn on net amount receivable. Net Amount receivable     =Rs (1,00,000-5,000)                                               =Rs 95,000