A retailer received an invoice dated 7th June 2022 with trade discounts of 12% and 8% and cash discount terms of 7/10, 3/20, n/30. The net price after the trade discounts including transportation cost of RM200 was RM1,550.
a) Find the list price.
b) Find the last date to receive the cash discount.
c) Find the total payment if the payment was made on 12th June 2022.
d) Find the amount of discount obtained.