If the Capital of a business is ₹ 5,00,000 and Outside liabilities are ₹ 2,00,000, calculate total assets of the business.
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Total Assets ₹ 7,00,000.
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Ashok purchased goods from Delhi Traders for ₹ 2,00,000. As per the, if Ashok made full payment within 21 days, he will get cash discount at 2.5%. Ashok paid ₹ 1,50,000 within the stipulated time. How much discount will he get?