Use the following information to answer the given question: \(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade di...

The gross amount of the sale to Mr. A.F.P. is N12,000, and he is entitled to a trade discount of 15%. This means he will only have to pay 85% of the gross amount. Gross amount after Trade discount = Gross amount - Trade discount Gross amount after Trade discount = N12,000 - (15/100 x N12,000) Gross amount after Trade discount = N10,200 Next, Mr. A.F.P. is entitled to a cash discount of 10%. This means he will receive a discount of N1,020 if he pays within 30 days of delivery. Cash discount = Cash discount % x Gross amount after trade discount Cash discount = 10/100 x N10,200 Cash discount = N1,020 Therefore, the amount due from Mr. A.F.P. if he pays within 30 days of delivery would be: Amount due = Gross amount after trade discount - Cash discount Amount due = N10,200 - N1,020 Amount due = N9,180 However, if Mr. A.F.P. fails to settle his account in time, he will lose the cash discount of N1,020, and the full amount due would be N10,200. Therefore, if Mr. A.F.P. fails to settle his account in time, the amount due from him would be N10,200.