Tim-Tom Corporation receives an invoice stating that the company will receive 1 percent discount if it pays within ten days. If the company is unable to pay within ten days, Tim-Tom has to pay the full amount within 35 days from invoice date. Which of the following clearly indicates the above terms on the invoice received by Tim-Tom?

a. 35/10 n/1
b. 10/2 n/35
c. 10/1 n/35
d. 1/10 n/35
e. 2/10 n/45

Answer: d. 1/10 n/35

Business

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