A buyer purchased 75 ginger jar lamps at a list price of $40 each. The trade...

Transcribed Image Text:

A buyer purchased 75 ginger jar lamps at a list price of $40 each. The trade discounts were 20% and 5%, with terms of 2/10, net 30. The lamps were shipped and billed on October 18 and were received October 22. The bill was paid on October 31. What amount was paid? A buyer purchased 75 ginger jar lamps at a list price of $40 each. The trade discounts were 20% and 5%, with terms of 2/10, net 30. The lamps were shipped and billed on October 18 and were received October 22. The bill was paid on October 31. What amount was paid?

Answer rating: 100% (QA)

Calculating the Amount Paid for the Ginger Jar Lamps Step 1 Calculate the Trade Disc... View the full answer