If you get 10% off that means you pay 90% (100% - 10%)
so multiply 14.50 by 0.90 which is 90% as a decimal
Chat with our AI personalities
provision for discount received
Cash discount is the discount in amount in accounts payable while trade discount is on sales price discount which is not recorded in business books and transaction is recorded at discount price.
Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.
a single trade discount is just that one trade discount.
Single trade discount versus discount series what kind of example for one or the other