Andy purchased from Khalid on a regular basis. The goods had a list price of $1000, and after a 5% discount for prompt payment he later paid $760 as the final amount due. What trade discount was given to Andy?
- A$40
- B$190
- C$200
- D$278
Accounting 0452 · IGCSE · Business documents
Andy purchased from Khalid on a regular basis. The goods had a list price of $1000, and after a 5% discount for prompt payment he later paid $760 as the final amount due. What trade discount was given to Andy?