← back to the Substrate Record

qid 646 · business

Question: ABC Publications bought 50 reams of paper at $2.76 a ream, with a 50-10% discount . A further discount of 1% is given if payment is received within 10 days from the date of purchase. What was the amount paid if the cash discount was taken?

  1. $65.55
  2. $61.48
  3. $124.20
  4. $58.34
  5. $138.00
  6. $66.99
  7. $69.00
  8. $62.10
  9. $72.80
  10. $131.10

Our answer: B. $61.48 Source quote machine-checked (exact quote)

A machine check confirms the quoted words appear at the source. A person has not yet reviewed these. EARN MARKS as a Human Reviewer

How it was answered

Stored method, replayed by code (kind: formula)

card: formula · card sha256 2feb613b976eaed3…

Current source

Vancouver Community College Learning Centre, "Trade & Cash Discount" (Business Math worksheet, Nabeela Rahman)

https://learningcentre.vcc.ca/media/vcc-library/content-assets/learning-centre/worksheets/by-coursex2fprogram/business/7_Trade_and_Cash_Discount.pdf

“Many manufacturers and wholesalers allow customers to take a cash discount, a reduction of the amount due on an invoice to encourage prompt payment of the bill.”

Source quote machine-checked (exact quote)

retrieved 2026-09-17T23:56:32.203Z

page text sha256 32dc50547c82836f… · content sha256 fbadcb608d70a113…

addendum formula_qid646.formula_ADDENDUM_source_rs20260917T235632Z · sha256 7d657dce1f3cbe9a… · replaces the version below, addendum sha256 1b4f851fc5fea9bb…

Earlier version (superseded)

No public source has been found for this card yet (2 places checked internally).

addendum formula_qid646.formula_ADDENDUM_source · sha256 1b4f851fc5fea9bb…

If you have a Citable Source to dispute or challenge this, ADD IT so we can correct the answer by appending, never deleting. — hello@lianabanyan.com