Eisa bought $205$ balls at RM$22\mathrm{.}20$ per unit on July $25,2024.$ He received an invoice with trade discount of $11\%,9\%$ and $7\%,$ and a cash discount term of $6/5,4/10,2/15,$ n$/30$ respectively.

The freight charge is RM$321.$

$.$

Explain the cash discount term of $6/5,4/10,2/15,$ n$/30.(4$ marks$)$

$6/5$ means you will get $6\%$ discount if you purchase beers SOon

$4/$to means you will get $4\%$ discount If you purchase bepte lo days

$2/15$ means you will god zio discount if you parcas first $16$ days: n$,/30$ means dys in $30$ days. ii$.$

Calculate the single trade discount rate which is equivalent to the chain discount rate given.

iii. Find the outstanding balance if he paid RM$909$ on July $28,2024,$ RM$808$ on August $1,2024$

and RM$707$ on August $7,2024.(15$mark