New Hampshire Propane Company offers a 2 cash discount if a

New Hampshire Propane Company offers a 2% cash discount if a bill is paid within the first 10 days. On May 9, Ron James received his invoice for $250. On May 18 he sent New Hampshire Propane his payment. What did James send New Hampshire Propane?

New Hampshire Propane Company offers a 2% cash discount if a bill is paid within the first 10 days. On May 9, Ron James received his invoice for $250. On May 18 he sent New Hampshire Propane his payment. What did James send New Hampshire Propane?

Solution

The company offers 2% cash discount when the bill is paid within 10 days.

Ron has sent the payment within the 10days
the amount that Ron sent to the company = 250 (1- 2/100) = $ 245

New Hampshire Propane Company offers a 2% cash discount if a bill is paid within the first 10 days. On May 9, Ron James received his invoice for $250. On May 18

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