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Ali sold goods to Rahil on 1st October at a list price of RO 250,000 and offered him a series trade discount of 8/5/2. The

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Ali sold goods to Rahil on 1st October at a list price of RO 250,000 and offered him a series trade discount of 8/5/2. The terms of payment were listed as 24/6/5, 1% 20, net 30. The goods were received by Rahil on 2nd October. Rahil intends to make the payment for such purchase on 22 October You are required to answer the following: 1. The amount of total trade discount received by Rahil: 2. The period for which Rahil is eligible for 2415% discount is: 3. The period for which Rahil is eligible for 17% discount: 4. The due date for such payment: 5. The amount of cash discount Rahil will get if the payment is on 22nd October

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