What will be the discount amount and net amount paid

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A vendor has supplied goods of $ 50000 to Limited Incorporation on 7th July 2012. Credit terms are as follows: Credit Period = 45 Days from the date of sale Discount Terms = 3/15, 2/25, 45 days net What will be the discount amount and net amount paid if payment is made 26th July 2012?

Reference no: EM13275286

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