Jackson purchased $400 plus 13% HST of goods and received credit terms of 2/10, n/30. How much did he pay if payment was made during the discount period?

Name: Jackson purchased $400 plus 13% HST of goods and received credit terms of 2/10, n/30. How much did he pay if payment was made during the discount period?
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Jackson's total payment including HST is $400 + ($400 * 0.13) = $452. With the discount of 2% for early payment, he pays $452 - ($452 * 0.02) = $444.

Jackson Purchased $400 Plus 13% HST of Goods and Received