Question

A company sold goods to credit to Kamal for Rs. 5000 and paid carriage on behalf of Rs. 2000. Calculate the total transaction.

Answer 1

To find the total transaction value when goods are sold on credit for Rs. 5000 and carriage of Rs. 2000 is paid, add both amounts for a total of Rs. 7000.

Step-by-step explanation:

The question relates to a business transaction where goods are sold on credit and carriage is also paid on behalf of the customer. To calculate the total transaction amount when goods are sold to Kamal for Rs. 5000 on credit and carriage of Rs. 2000 is paid by the company, you simply add the two amounts together.

The calculation would look like this:

1. Cost of goods sold on credit to Kamal: Rs. 5000
2. Carriage paid on behalf of Kamal: Rs. 2000
3. Total transaction amount = Cost of goods + Carriage costs
4. Total transaction amount = Rs. 5000 + Rs. 2000
5. Total transaction amount = Rs. 7000

Therefore, the total transaction value is Rs. 7000.