On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May. How much did Sa1ly owe William on 31 May?
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Explanation:
On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1 440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.
How much did Sally owe William on 31 May?
A. $630
B. $720
C. $1,030
D. $1,120
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