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Find the total payment if it is made on july

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Reference no: EM133002586

Question - A retailer receives an invoice dated 8 July 2015 with trade discounts of 12% and 10% and cash discount terms of 6/10, 3/20, n/30. The net price after trade discount including transportation cost of RM 150 is RM 2740.

a. Explain the cash discount terms 6/10, 3/20, n/30.

b. Find the list price

c. Find the total payment if it is made on 28 July 2015.

Reference no: EM133002586

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