trade discount, on 30 april, anthony purchased television invoiced at rm 6999 with cash, Mathematics

trade discount, Mathematics

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on 30 april, anthony purchased television invoiced at rm 6999 with cash discount terms of 2/10, 1/15, n/30 and also a trade discount 1.5%, 2%, 3.25%. In order to pay the invoice, he borrowed the money for 20 days at 5% per annum simple interest to pay the invoice on 2 may. How much did he save by borrowing to take advantage of the cash discount?

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trade discount, Mathematics

Related Discussions:- trade discount

Area of composite figures.., how do i find the area of a composite

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Write Your Message!

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