Kando limited received an invoice from a supplier for K28500. The terms of payment offered were a 5% cash discount if she pay paid within 20 days and 10% cash discount if she paid within 15 days. How much will Kando pay if she paid within 15 days?

Step 1: Identify the applicable discount rate. The problem states that Kando Limited will receive a 10% cash discount if they pay within 15 days. Since they paid within 15 days, this is the discount rate to use.

Step 2: Calculate the discount amount. The original invoice amount is K28,500. The discount is 10% of this amount. $Discount amount = Invoice amount \times Discount rate$ $Discount amount = K28,500 \times 10\%$ $Discount amount = K28,500 \times 0.10$ $Discount amount = K2,850$

Step 3: Calculate the amount Kando Limited will pay. Subtract the discount amount from the original invoice amount. $Amount to pay = Invoice amount - Discount amount$ $Amount to pay = K28,500 - K2,850$ $Amount to pay = K25,650$

Kando Limited will pay K25,650.

$\boxed{K25,650}$ Send me the next one 📸