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Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R 1 5 0 0 each, around the townships of KwaNdebele.

Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1500 each, around the townships of KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 October 2023.
This transaction was concluded on the following terms:
A trade discount of 12% on the bulk sale.
An early payment discount of 5% on the amount paid within 30 days.
Which one of the following amounts represents the correct amount received by Mhlalkwana Dealers if Thubana Clothing only paid 75% of the amount owing on 30 November 2023?
a.
R 22572
b.
R 17820
c.
R 16929
d.
R 23760

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