Posted by momo on .
a store owner buys supplies from a vendor for $8,450. The terms of the sale are 2/10, n/30. What will be the net amount due if the owner pays by the 10th day after he receives the supplies
2/10 means a 2% discount if paid within 10 days. Total due within 30 days.
8450 x .02 = (169) discount