Kindly calculate the yield on the above sales discount.
Do you mean the annualized yield?
If so, it’s 1.02^(365/20) − 1 = 43.53%
(1 + 0.02/(1 - 0.02))^(365/(30-10)) - 1
= (1 + 0.02/0.98)^(365/20) - 1
= 44.59%
That’s the cost the cost of paying the bill on the last possible day. However from the question above it is not clear at all what is asked here…
Regards,
Oscar