Question

A sale on March 21 has terms of 1/10 n/30. What date must payment be made in order t take the discount? A. March 31 OB. April 1. O c C. April 30. D. April 10.
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Answer #1

1/10 n/30 means 1% discount would be given if payment is made in 10 days;otherwise the total payment has to be made in 30 days.

Hence payment has to be made by March 31(A).

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