Kabir receives two quotations. Ade quotes N 100 less 20% trade discount and 20% cash discount while Benson N100 less 30%trade discount and 10% cash discount...
Kabir receives two quotations. Ade quotes N 100 less 20% trade discount and 20% cash discount while Benson N100 less 30%trade discount and 10% cash discount. If Kabir wants to take advantage and cash discount, then
Answer Details
To take advantage of the cash discount, Kabir should choose the supplier who offers a higher cash discount. In this case, Ade offers a 20% cash discount while Benson offers a 10% cash discount. Therefore, Kabir should choose Ade as the supplier.