John bought goods for $390 on credit. John returned $30 worth of goods. Terms of the sale were 5/10, n/30. If John pays the amount owed within the discount period, what is the amount they should pay? (Round intermediary and final calculations to the nearest whole dollar.)

Question

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John initially bought goods worth $390 and returned goods worth $30, making the total amount $360. With a 5% discount for early payment, the amount to pay is $360 - ($360 * 5%) = $360 - $18 = $342.

John Bought Goods for $390 on Credit