Levin Furniture buys a living room set with a $\$ 5.000$ list price and a $55 \%$ trade discount. Freight (FOB shipping point) of $\$ 50$ is not part of the list price. What is the delivered price (including freight) of the living room set, assuming a cash discount of $4 / 10$, n/30, ROG? The invoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April $25 .$
Delivered price

Question

08-03-2021
Mathematics

Answered

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Levin Furniture buys a living room set with a $\$ 5.000$ list price and a $55 \%$ trade discount. Freight (FOB shipping point) of $\$ 50$ is not part of the list price. What is the delivered price (including freight) of the living room set, assuming a cash discount of $4 / 10$, n/30, ROG? The invoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April $25 .$
Delivered price

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