The Following Terms Appeared on an Invoice Dated May 20

Multiple Choice

The following terms appeared on an invoice dated May 20 which was sent by a manufacturer to a retail store: 2/10, net 30. The amount of the invoice was $2,000. Assuming the retailer paid the invoice on May 30 (10 days after the products were delivered) , how much should he have paid?

A) $1,900
B) $1,800
C) $2,000
D) $1,960
E) $2,040