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BM427 Trade Discounts (#1)

Last updated about 5 years ago

8 questions

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Question 1

1.

Calculate the amount of a trade discount on a computer that has a list price of $400 if a discount of 30% is offered.

Question 2

2.

Calculate the net price of a computer with a list price of $400 and a trade discount of 30%.

(Hint: Use your answer from problem 1 to help find the answer of this problem).

Question 3

3.

Calculate the amount of the trade discount for 20 boxes of computer paper if the price for each box is $14.67 and a trade discount rate of 20% is allowed.

Question 4

4.

Calculate the net price for 20 boxes of computer paper if the price for each box is $14.67 and a trade discount rate of 20% is allowed. (Hint: Use your answer from problem 3 to help with this problem).

Question 5

5.

Antifreeze is sold in one-gallon containers. Each one-gallon container has a list price of $2.18. A case of antifreeze contains 6 one-gallon containers.

Calculate the amount of the trade discount for 30 cases of antifreeze if an 18% trade discount rate is allowed.

Question 6

6.

Antifreeze is sold in one-gallon containers. Each one-gallon container has a list price of $2.18. A case of antifreeze contains 6 one-gallon containers.

Calculate the net price for 30 cases of antifreeze if an 18% trade discount rate is allowed.
(Hint: Use your answer from problem #5 to help with this problem)

Question 7

7.

Fill in the invoice for the order given in the "show your work" area.

Provide the net pay in the answer space under this problem.

Question 8

8.

Fill in the invoice for the order given in the "show your work" area.

Provide the net pay in the answer space under this problem.