Answer:
The answer is "August 4".
Step-by-step explanation:
In the given discount term after receipt of the dates is [tex]\bold{\frac{4}{8}}\\\\[/tex] ROM, which can be defined as follows:
[tex]\Rightarrow 27 \ July + 8 \\\\\Rightarrow 4 \ August[/tex]
That's why the final answer is 'August 4'.