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ikrabbe ikrabbe
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6 years ago
A retail outlet is offered a discount of 5 1/2% for payment in cash of an invoice of $2000. If it accepted the offer, how much was the cash payment?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
Let the cash payment be $x.
x = 2000 - 5 % of 2000
   = 2000 - 110
   = $1890.00
Cash payment is $1890.00.
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