Question

sa traders who use the perpetual inventory system, purchased merchandise on the 1 feb 2011 form africa limited for 500. the purchase was subject to a cash discount of 5% if settled within 20 days and a trade discount of 25%
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A retailer was given a trade discount of 15% and cash discount of 6% by the wholesaler. How much did the retailer pay for the good marked for 3745

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