A Creditor for Rs1,40,000 accepted machinery of Rs70,000 and agreed to accept cash after giving 10% discount on remaining balance . How much will be credited in Bank Account?

₹1,40,000 ₹1,33,000 ₹70,000 ₹63,000

₹63,000

Total Amount paid to creditors- 140000-70000 =70000 Discount = 70,000*10% = 7,000 Cash balance paid = 70,000 - 7000 = 63,000