Sep/Dec 2015 Q#3(a)

The question says (in the last sentence of the first paragraph) that is the match the discount then sales will increase by 20%. Multiplying by 1.2 is the same as adding 20% to the figure.

Sir, Can this question also be done in a way that we just initiate it from current trade receivables and then the revised trade Receivables as it has been done in previous past papers! Thanks

Not really, because this is a different situation than in past papers.