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Solve for the Amount of Discount and Amount Due

Question 56

Multiple Choice

Solve for the amount of discount and amount due.
-Invoice amt: $38.71
Invoice date: May 15
Terms: Solve for the amount of discount and amount due. -Invoice amt: $38.71 Invoice date: May 15 Terms:   , net 30 Date paid: May 24 A) Amount of discount: $0.77; amount due: $37.94 B) Amount of discount: $7.74; amount due: $30.97 C) Amount of discount: $3.87; amount due: $34.84 D) Amount of discount: $0; amount due: $38.71 , net 30
Date paid: May 24


A) Amount of discount: $0.77; amount due: $37.94
B) Amount of discount: $7.74; amount due: $30.97
C) Amount of discount: $3.87; amount due: $34.84
D) Amount of discount: $0; amount due: $38.71

Correct Answer:

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