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10. Mr Soh bought fifty shirts at RM88 each on 24 June 2021. He received an invoice with trade discounts 10%, 8% and 5%
Posted: Mon May 30, 2022 6:17 am
by answerhappygod
- 10 Mr Soh Bought Fifty Shirts At Rm88 Each On 24 June 2021 He Received An Invoice With Trade Discounts 10 8 And 5 1 (17.47 KiB) Viewed 19 times
10. Mr Soh bought fifty shirts at RM88 each on 24 June 2021. He received an invoice with trade discounts 10%, 8% and 5% and cash discount term of 5/5,3/10, n/60 respectively. a. Calculate a single trade discount rate that is equivalent to the trade discount given. (ans:21.34%) b. Find the total payment if the invoice is cleared on 30 June 2021. (ans:RM3,357.21)