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What is the amount of sales discounts given to peter parker

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Problem 1: Peter purchased goods with a list price of P100,000 on Jan. 1 with a trade discount of 5%. Suppose the cash discount period is 15 days with a cash discount of 4%and Peter settled the payment on Jan. 10 in full. What is the amount of sales discounts given to Peter Parker?

a. P 1,380

b. P 4,000

c. P 3,800

d. P 5,000

Reference no: EM132739204

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