Mathematics · Financial Management
If credit terms are written as 2/10 net 30, which of the following statements is FALSE?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 12 times 10% credit can be given to 30% of the customers✓
- 2Payment must be made within 10 days to avail cash discount
- 3Maximum credit period is 30 days
- 4Rate of cash discount is 2%
Correct answer
2 times 10% credit can be given to 30% of the customers
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Management MCQs →Want more practice questions on Financial Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Financial Management