what is formula of Cash discount and explain
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Explanation:
The basic formula for cash discount can be expressed as CD = P*R, which stands for cash discount = purchase price * discount rate.
The discount rate may be expressed as either a percentage or a decimal number. For example, the discount rate can be expressed as either 2% or .02. The formula can be expressed algebraically as CD = P*R where CD = the cash discount, P = the price, and R = the discount rate expressed as a decimal.
Answered by
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The basic formula for cash discount can be expressed as CD = P*R, which stands for cash discount = purchase price * discount rate.
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