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Solve for the Amount of Discount and Amount Due

Question 23

Multiple Choice

Solve for the amount of discount and amount due.
-Invoice amt: $725.20
Invoice date: Mar 6
Terms: Solve for the amount of discount and amount due. -Invoice amt: $725.20 Invoice date: Mar 6 Terms:   Goods rec'd: Mar 8 Date paid: Apr 5 A) Amount of discount: $7.15; amount due: $714.20 B) Amount of discount: $0; amount due: $725.20 C) Amount of discount: $72.52; amount due: $652.68 D) Amount of discount: $7.25; amount due; $717.95
Goods rec'd: Mar 8 Date paid: Apr 5


A) Amount of discount: $7.15; amount due: $714.20
B) Amount of discount: $0; amount due: $725.20
C) Amount of discount: $72.52; amount due: $652.68
D) Amount of discount: $7.25; amount due; $717.95

Correct Answer:

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