QuestionAugust 13, 2025

You purchase 200 worth of office supplies and receive a bill on 13-Apr with 5/10 EOM. What is the amount to be paid if the discount is included? Bill Amount with Discount= [?] When is the discounted payment due? Discount Due Date (Day - Month)=10-[ ]

You purchase 200 worth of office supplies and receive a bill on 13-Apr with 5/10 EOM. What is the amount to be paid if the discount is included? Bill Amount with Discount= [?] When is the discounted payment due? Discount Due Date (Day - Month)=10-[ ]
You purchase 200 worth of office supplies and receive a bill on 13-Apr with 5/10 EOM. What is the amount to be paid if the discount is included? Bill Amount with Discount= [?] When is the discounted payment due? Discount Due Date (Day - Month)=10-[ ]

Solution
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Answer

Bill Amount with Discount = \190 ### Discount Due Date (Day - Month) = 10-May Explanation 1. Calculate the Discount The discount is 5\% of \200. So, the discount amount is 0.05 \times 200 = \10. 2. Calculate the Amount with Discount Subtract the discount from the original amount: 200 - 10 = \190. 3. Determine the Discount Due Date "5/10 EOM" means a 5\% discount if paid within 10 days after the end of the month. The bill date is 13-Apr, so the end of April is 30-Apr. Add 10 days to get the due date: 10-May.

Explanation

1. Calculate the Discount<br /> The discount is $5\%$ of $\$200$. So, the discount amount is $0.05 \times 200 = \$10$.<br /><br />2. Calculate the Amount with Discount<br /> Subtract the discount from the original amount: $200 - 10 = \$190$.<br /><br />3. Determine the Discount Due Date<br /> "5/10 EOM" means a $5\%$ discount if paid within $10$ days after the end of the month. The bill date is 13-Apr, so the end of April is 30-Apr. Add $10$ days to get the due date: $10-May$.
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