3/10, 1/15, n/30 means that a 3% cash discount is available from day 11 to day 15.

Name: 3/10, 1/15, n/30 means that a 3% cash discount is available from day 11 to day 15.
Brand: Quizplus
Rating: 4.8 (62 reviews)

Question

Quizplus · Accepted Answer

3/10, 1/15, n/30 is known as a "partial cash discount" and the discount period for 1/15 is from day 1 to day 15, not for days 11 to 15. The "n" term represents the credit period, meaning the full amount is due 30 days after the invoice date.

3/10, 1/15, N/30 Means That a 3% Cash Discount Is