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Which of the following numbers represents the discount percentage applied if a customer pays within a discount window and credit terms are 3/15, n/60?A. 3B. 15C. 60D. 3 and 15

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Chapter 6

Merchandising Transactions

Section 1

Compare and Contrast Merchandising versus Service Activities and Transactions

Money and Prices in the Long Run

04:34

A customer pays on credit …

00:39

Which of the numbers repre…

00:29

02:24

Solve each problem using t…

Which of the following is …

01:38

The sum of 15 and a number…

00:24

Find the value of $x: \fra…

02:06

Which of the following fra…

00:12

Match the decimal with its…

00:38

Which statement increases …

Okay, so let us understand the meaning off predict terms. Okay. Followed by that People understand that how these carry terms will be have you given who's sending over our medical. So these credit does are laid down by suppliers for a great for attracting immediate gash members. Okay, so there are there is a very popular but they're largely now authorities in the dusty That what happens? That's a supposed business entity has purchase it almost from one office. Suppliers. No. What happens? Let's see the bill off. Raw material waas based for $1000. So, suppliers is that if you will be 10 days, then they will give you 5%. Did this, huh? Otherwise, you will have to pay within 30 days. Maximum. Okay, so what we have here we have this s sales discovered. Okay, See, is discomfort. And this is the This is their days within which if if there then the business entity will be given 5% based in his home. Otherwise, down to d are the business, including will have to pay within two days. Okay, I'm out of 1000 notes. So that's what we have incurring practice. OK, that matches with off solution. Okay, that is choice E in the given gifts. What? What we have. Okay, so it's three by 15. So that means it doesn't discount percent bait. And this is the initial list. If paired within 15 days, then the business entity will get 3% discount. Okay, so that's all for our solution. And joy says the correct answer, okay?

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