How do i know how much to discount when it says 2/10, n/60?

Question

The questions says received payment less discount. when he sold the merchandidse for 6,100 and at cost it was 4,100 and the terms are 2/10,n/60

Answer 1

2/10 means take a 2% discount if paid in 10 days. n/60 means pay net by 60 days. If you are buying something and the price is 6100, pay 5978 if paid withing 10 days (6100 less 2% discount of 122). If you pay after 10 days you will have to pay the 6100.