A commonly used discount is 2 / 10,net 30,which means that a discount of 10 percent is given if the invoice is paid within 30 days.

Name: A commonly used discount is 2 / 10,net 30,which means that a discount of 10 percent is given if the invoice is paid within 30 days.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The term "2/10, net 30" means that a 2 percent discount is available if the invoice is paid within 10 days; otherwise, the full (net) amount is due within 30 days.

A Commonly Used Discount Is 2 / 10,net 30,which Means