terms of sale

october44

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Nov 28, 2011
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The problem is A store manager buys clothing for his store from a vendor for $10.680. The terms of sale are 3/10, n/30. What will be the net amount due if the manager pays the bill by the 10th day after receiving the clothing.
Here's what I have. 0.3 times 10,680= 3204, then 10,680-3204=7476. This is as far as I can get.
 
The solution is in the meaning of "n/30". Can you provide it?
 
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