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a company is billed $1850 with a cash discount of 5% offered for payment within 10 days. How much could it save?

User LiveEn
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1 Answer

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Answer:

It can save $ 92.5.


Explanation:

Total amount of bill is = $1850

Offered discount on the total bill on cash payment with in 10 days = 5% of the bill .

It can save the discount offered on cash payment which is obtained by finding the percentage of total bill

Discount in dollars = 5% of $1850

= 0.05 x 1850

= $92.5

therefore it can save $92.5 of the total bill payment if it is paid with in 10 days of billed date to avail the discount offered.

$ 92.5 is the answer .



User DeiAndrei
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