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8 December, 04:45

a company is billed $1850 with a cash discount of 5% offered for payment within 10 days. How much could it save?

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  1. 8 December, 07:12
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    It can save $ 92.5.

    Step-by-step explanation:

    Total amount of bill is = $1850

    Offered discount on the total bill on cash payment with in 10 days = 5% of the bill.

    It can save the discount offered on cash payment which is obtained by finding the percentage of total bill

    Discount in dollars = 5% of $1850

    = 0.05 x 1850

    = $92.5

    therefore it can save $92.5 of the total bill payment if it is paid with in 10 days of billed date to avail the discount offered.

    $ 92.5 is the answer.
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