Casin Company sells $900 of merchandise on account to Delta Exploration with credit terms of 2/10, n/30.If Delta Exploration remits a check taking advantage of the discount offered, what is the amount of Delta Exploration's check?
A)$630
B)$882
C)$810
D)$720

Question

Quizplus · Accepted Answer

Delta Exploration can take a 2% discount on the $900 merchandise if they pay within 10 days. The discount is 2% of $900, which is $18. Therefore, the amount of the check is $900 - $18 = $882.

Casin Company Sells $900 of Merchandise on Account to Delta