If the terms specified on an invoice are 2/10, n/30, this means that a discount of 10% will be allowed if payment is made within 2 days from the date of the invoice.

Name: If the terms specified on an invoice are 2/10, n/30, this means that a discount of 10% will be allowed if payment is made within 2 days from the date of the invoice.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The terms 2/10, n/30 mean a 2% discount is allowed if payment is made within 10 days, not a 10% discount within 2 days.

If the Terms Specified on an Invoice Are 2/10, N/30