Medeco sold goods for $75 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/10, n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?

Question

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After returning $25 worth of goods, the customer owes $50 ($75 - $25). With a 1% discount for early payment, the customer pays 99% of $50, which is $49.50.

Medeco Sold Goods for $75 to a Charge Customer