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

Shares and dividend, by purchasing rs.10 shares for rs.40 each mala gets 5%...

by purchasing rs.10 shares for rs.40 each mala gets 5% income on her investment. what rate of dividend is the company paying? what will be the amount of dividend if she buys 120 sh

Incircle, ab=8cm,bc=6cm,ca=5cm draw an incircle.

ab=8cm,bc=6cm,ca=5cm draw an incircle.

Statistics, explain the characteristics of statistics

explain the characteristics of statistics

How many square centimeters are in one square meter, How many square centim...

How many square centimeters are in one square meter? There are 100 cm in a meter. A square meter is 100 cm through 100 cm. The area of this is 10,000 sq cm (100 × 100 = 10,000)

Twice a number increased by 11 is equal to 32 less three, Twice a number in...

Twice a number increased by 11 is equal to 32 less than three times the number. Find out the number. Let x = the number. Now translate every part of the sentence. Twice a numb

Math.., how many sixs are in 60

how many sixs are in 60

Equal groupings -categories of multiplication, Equal groupings - when we...

Equal groupings - when we want to find how many objects there are in several equal-sized sets. (e.g., if there are 3 baskets, each with 4 bananas, 4 oranges and 4 apples, respec

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