A Purchase Invoice Shows 10 Items Priced at £240 Less

Multiple Choice

A purchase invoice shows 10 items priced at £240 less trade discount of 20%. A cash discount of
2) 5% is allowed if payment is made within 30 days. How much will the entity have to pay assuming payment is made within the 30 days?

A) £2,340
B) £2,400
C) £1,920
D) £1,872