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Determine the invoice amount of the merchandise that was returned in (3)

User Jnes
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1 Answer

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Answer: $2,000

Explanation:

The amount returned was $1,980 but this amount is net of the discount of 1% that the question says they got.

The invoice amount of this return would have to account for this 1% that was given as a discount.

Assume the invoice amount is x:

1,980 = x - (1% * x)

1,980 = x - 0.01x

1,980 = 0.99x

x = 1,980 / 0.99

x = $2,000

Determine the invoice amount of the merchandise that was returned in (3)-example-1
User UmmaGumma
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