List price = 4,500 Rs.
Discount = 20 %
Net cost price?
Net cost price = 4,500 – 20 % of 4,500
= 4,500 – 0.2 x4,500
=4,500 – 900
= 3,600 Rs.
Calculation using Excel along with formula is given in the following slide:
Previous
TOC
Next