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Riva Traders received R3 420 from a debtor after deducting 5% discount for early settlement of account. Which one of the following statements is correct?
Riva Traders received R3 420 from a debtor after deducting 5% discount for early settlement of account. Which one of the following statements is correct?
A The discount allowed was R171. B The discount allowed account will be credited with R180. C The original debt was R3 600. D None of the above.
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