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Multiple choice questions

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Trade discount is 10% and cash discount is 10%. If list price is $100, how much would have to pay, if availed cash discount?
                     • $90
                     • $80
                     • $81
                     • $100

Trade discount is 5% and cash discount is 10%. If the customer pays $ 40.50 after getting both discounts, how much is the list price?
                     • $45
                     • $47.50
                     • $55
                     • $50

Mr. Shay bought goods from Rakish. The goods had a list price of $800. Rakish allowed Shay trade discount of 20% and cash discount of 5%. In the Rakish’s books, which entries record the cheque he received from Shay?
                    • Bank a/c…                        Dr $608
                       Discount allowed …         Dr $ 32
                                Shay a/c…               Cr $ 640

                    • Bank a/c…                        Dr $ 608
                       Discount received a/c… Dr $ 32
                                Shay a/c…               Cr $640

                    • Bank a/c …                       Dr $608
                       Discount allowed …         Dr $152
                                Shay a/c …              Cr $760

                    • Bank a/c …                       Dr $608
                       Discount received…        Dr $152
                                  Shay a/c …            Cr $760

Debit note is a paper of evidence
                    • Sent with sales return
                    • Sent with purchase return
                    • Sent with sales
                    • Sent with purchase

Credit note is a paper of evidence
                    • received with sales return
                    • received with purchase return
                    • received with sales
                    • received with purchase