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easy · GMAT Quantitative Reasoning

A wholesale distributor offers '3/10, net 30' terms, meaning a customer gets a 3% discount for paying within 10 days. A customer pays $14,550 within the 10-day window.

What was the original invoice amount?

  1. $15,100
  2. $14,986.50
  3. $15,000
  4. $14,113.50
  5. $14,986.34

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