Z-Mart purchased $5,000 worth of merchandise on credit. Transportation costs were an additional $100, paid cash to the cartage company on delivery. Z-Mart returned $275 worth of merchandise and paid the invoice on time, and took a 2% purchase discount. The amount of this payment was:
A) $3,725.00
B) $4,728.50
C) $3,993.50
D) $3,600.50
E) $4,630.50
Correct Answer:
Verified
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