The Bike Store orders $2000 worth of supplies every 30 days. If they t

The Bike Store orders $2000 worth of supplies every 30 days. If they take advantage of the 3/10 net 30 discount
offered by their supplier, how much would they save over the year? Assume a 360-day year.

What will be an ideal response?

ANSWER

3% × 2000 = $60 would be saved on each order twelve 30-day periods in the year
12 × $60 = $720 would be saved over the year