# algebra

posted by nisha

You've received an invoice for \$3,000 with terms of 3/10, 1/20, n/30. How much will you have to pay if you pay the bill in 12 days?

1. Ms. Sue

0.01 * 3,000 = 30

\$3,000 - 30 = ?

2. M

Bill is paid at 12th day. so it satisfies 1/20 condition
This means 1% discount on \$3000.
This gives \$30.

Thus to pay \$(3000 - 30)

3. mohamed

A distributor lists an item for \$85 less 20%. To improve lagging sales, the net price of the item is reduced to \$57.80. What additional rate of discount does the distributor offer

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