Problem:
A business purchased merchandise for 12,000 on account; terms are 2/10 n/30.
Required:
If 2,000 of the merchandise was returned and the remaining amount due was paid within the discount period, the purchase discount would be:
a. 240,
b. 200,
c. 1200,
d. 1000,
e. 3600
Note: Please provide through step by step calculations.