trade discount, Mathematics

Assignment Help:
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?

Related Discussions:- trade discount

Create graph showing the depth of the water , Your friends have opened an o...

Your friends have opened an ocean fishing operation that requires their fishing vessel to cross a channel, where the depth of the water (measured in metres) varies with time, and i

Calculus, Calculus Calculus is a branch of mathematics which describes...

Calculus Calculus is a branch of mathematics which describes how one variable changes in relationship to another variable. It enables us to determine the rate of change of one

Ronding off numbers, how to round off numbers to the nearest tens and to th...

how to round off numbers to the nearest tens and to the nearest hundred

Determine does this point lie on the line, Does this Point Lie on The Line?...

Does this Point Lie on The Line? How do you know if a point lies on a given line? For example, does the point (1, 2) lie on the line 3x + y = 7? If you graph the line and the

Test of homogeneity , Test of homogeneity This is concerned along with...

Test of homogeneity This is concerned along with the proposition that several populations are homogenous along with respect to some characteristic of interest for example; one

Quadratic Equation, Short Cuts for solving quadratic equations

Short Cuts for solving quadratic equations

What percent of her money did she spend on lunch, Wendy brought $16 to the ...

Wendy brought $16 to the mall. She spent $6 on lunch. What percent of her money did she spend on lunch? Divide $6 by $16 to ?nd out the percent; $6 ÷ $16 = 0.375; 0.375 is equi

Slopes downward from left to right has a positive slope, Can you explain th...

Can you explain that it is true that a line that slopes downward from left to right has a positive slope?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd