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What is the rate of sales discount

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Question - Roses, Inc. offers sales discount to customers who will pay their accounts in full within 10 days from the date of sale. On October 1, it sold goods on account for P20, 000. Payment of P19, 600 in satisfaction of this account was received on October 9. What is the rate of sales discount (if any) granted to customers?

Reference no: EM133075650

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