Joanne's Dress Shop received an invoice dated July 25 for $1,400, with terms of 2/10, 1/15, n/60. On August 8, Joanne's Dress sh
2 answers:
Answer:
The actual amount that should be credited is 757.57.
Step-by-step explanation:
Joanne's Dress Shop received an invoice dated July 25 for $1,400 with terms of 2/10, 1/15, n/60.
This means 2% discount on payment within 10 days
1% discount on payment within 15 days
of full payment within 60 days.
Joanne sent a partial payment of $750 on August 8th. that is within 15 days, so she got the discount of 1% on her payment.
Let the actual amount was paid be x
99% of x = 750
x = 750
x = = 757.57
The actual amount that should be credited is 757.57.
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It is required to find the cost of fencing the path.
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Given that:
radius of a circular path is 7m.
Rate = Rs .35 per meter
We know that
Circumference of circle =
Circumference of circle=43.98 m
Now,
Cost = Circumference × Rate
Cost =43.98× 35
Cost = Rs 1539.38
Therefore, the cost of fencing the path is Rs 1539.38.
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