Urgent for CS exams-FM

A way of providing cash discounts on purchases.

1/10 net 30

It means that if the bill is paid within 10 days, there is a 1% discount. Otherwise, the total amount is due within 30

days.

For example, if  RS1000 1/10 net 30" is written on a bill, the buyer can take a 1% discount (1000 x .01 = 10) and

make a payment of 990 within 10 days, or pay the entire 1000 within 30 days.  

2/10, net 30

It means that if the bill is paid within 10 days, there is a 2% discount. Otherwise, the total amount is due within 30

days.

For example, if  RS1000 1/10 net 30" is written on a bill, the buyer can take a 1% discount (1000 x .02 = 20) and

make a payment of 980 within 10 days, or pay the entire 1000 within 30 days.

In the instant problem posted by you, evaluate the cost of extending additional cash discount vs increase in

additional sales and accordingly work out the problem

With best wishes for the exams and all of your endeavours and all the students appearing for CS exams