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prohojiy [21]
3 years ago
11

A company purchased $3,400 worth of merchandise. transportation costs were an additional $300. the company returned $235 worth o

f merchandise and then paid the invoice within the 1% cash discount period. the total cost of this merchandise is:
Business
1 answer:
Angelina_Jolie [31]3 years ago
4 0
<span>company purchased $3,400 worth of merchandise
</span><span>transportation costs were an additional $300
</span><span>the company returned $235 worth of merchandise
</span><span>then paid the invoice within the 1% cash discount period = 100 - 1 = 99% = 0.99
</span><span>total cost of this merchandise=</span>

[($3,400 - $235) x .99] + $300 = $4,000.50

= [3165 x 0.99] +$300

= 3133.35 + $300

= $3433.35

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