SOLUTION: What is the cash discount of 3% on the final COGS $461935? I am looking for the number that we take the 3% from and end up with a final amount of $461,935?

SOLUTION: What is the cash discount of 3% on the final COGS $461935? I am looking for the number that we take the 3% from and end up with a final amount of $461,935?

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Question 610776: What is the cash discount of 3% on the final COGS $461935? I am looking for the number that we take the 3% from and end up with a final amount of $461,935?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
.97x=461935
x is the original amount.
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