Engineering Board Exam Reviewer · Discount · easy
A P20,000 note is discounted at 10% for 180 days. Find the proceeds.
- P19,000
- P18,000
- P19,500
- P18,500
Answer
A. P19,000
Solution
D=20000(0.10)≤ft(180/360 )=1000. Proceeds =20000-1000=P19,000.
More Discount questions
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