Question: 1.4 Use the information given below to determine the cost (as a percentage. expressed to two decin places) to Montclair Traders of not accepting the

1.4 Use the information given below to determine the cost (as

1.4 Use the information given below to determine the cost (as a percentage. expressed to two decin places) to Montclair Traders of not accepting the discount. marks) INFORMATION Protec Wholesalers i usual credit terms to Montclair Traders are 30 days but the supplier is prepared to allowa aiscount of R114 if the accoount of R3800 is settled within 12 days

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