Class 12 Business Finance | Chapter 4 Day 2: Concept of Credit + Trade Credit Qn 1–5 Solved

Welcome to Day 2 of Chapter 4 – Sources of Funds In today’s class, we explain the concept of credit and solve numerical problems based on Trade Credit, an important short-term source of financing in business. 📊 What You'll Learn Today: ✅ Concept of Credit 🔹 What is credit? 🔹 Importance of credit in business 🔹 Meaning of Trade Credit as a source of fund 🔹 Advantages & limitations of trade credit ✅ Numericals Solved – Qn 1 to 5: 🔸 Based on Trade Credit Cost 🔸 Calculating Effective Annual Rate (EAR) 🔸 Questions include use of formula: EAR = (Discount % / (100 – Discount %)) × (365 / Days Difference) 💡 Simple and exam-friendly explanation in Nepali-English mix – suitable for both theory and numerical clarity! 📌 Helpful Links: 👥 Facebook Group:   / 820972022104060   💬 Chat Group: https://m.me/ch/AbY4CkUJa-mNttCB/ 📄 Study Notes:   / 1733075600893693   📺 Full Playlist 👉 (Insert Playlist Link) 🔔 Subscribe for daily finance videos:    / @sajilo_concept_education   🎓 Best For: ✔ NEB Class 12 Management Students ✔ BBS 1st Year Finance Learners ✔ Students solving cost of credit/trade credit problems 📣 Like 👍 | Comment 💬 your doubts | Share 📤 with classmates 🛎️ Don’t miss Day 3: More sources of funds coming next!