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A retailer acquires merchandise with a catalogue price of P15,000 less trade discounts of 20% and 15%, respectively. The credit terms agreed upon is

A retailer acquires merchandise with a catalogue price of P15,000 less trade discounts of 20% and 15%, respectively. The credit terms agreed upon is Term 5/10, n/30. What amount will the retailer be able to save if it pays the accounts in full within the discount period? * OP337.50 OP487.50 OP510 P9,690

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