BM427 TEST Trade and Cash Discounts

3

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.
Calculate the total trade discount for this order.

2

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.
Calculate the total net price for this order.
(Use your answer from the previous problem (#1) to assist in finding this answer).

5

The list price for pants is $45 and the list price for windbreakers is $67. Bob's Clothing Store purchases 14 pairs of pants and 11 windbreakers, and receives a single trade discount of 15%.
Calculate the total trade discount for this order.

2

The list price for pants is $45 and the list price for windbreakers is $67. Bob's Clothing Store purchases 14 pairs of pants and 11 windbreakers, and receives a single trade discount of 15%.
Calculate the total net price for this order.
(Use your answer from the previous problem (#3) to assist in finding this answer).

4

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.
Calculate the total net price for this order.

2

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.
Calculate the total trade discount for this order.
(Use your answer from the previous problem (#5) to assist in finding this answer).

5

A trade discount series of 7/5/3 is offered on a sewing machine which has a list price of $530. Also, a trade discount series of 2/4/5 is offered on a desk chair listed at $435.
Calculate the combined net price for the sewing machine and chair in this order.

3

A trade discount series of 7/5/3 is offered on a sewing machine which has a list price of $530. Also, a trade discount series of 2/4/5 is offered on a desk chair listed at $435.
Calculate the combined trade discount for the sewing machine and chair in this order.
(Use your answer from the previous problem (#7) to assist in finding this answer).

2

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st.
Calculate the cash discount (if any) that he received.

2

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st.
Calculate the net amount of this invoice that he paid on March 1st.
(Use your answer from the previous problem (#9) to assist in finding this answer).

3

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on January 16th.

3

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on January 23rd.

2

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on February 5th.

3

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on February 11th.

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.Calculate the total trade discount for this order.

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.Calculate the total net price for this order. (Use your answer from the previous problem (#1) to assist in finding this answer).

The list price for pants is $45 and the list price for windbreakers is $67. Bob's Clothing Store purchases 14 pairs of pants and 11 windbreakers, and receives a single trade discount of 15%. Calculate the total trade discount for this order.

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.Calculate the total net price for this order.

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.Calculate the total trade discount for this order.(Use your answer from the previous problem (#5) to assist in finding this answer).

A trade discount series of 7/5/3 is offered on a sewing machine which has a list price of $530. Also, a trade discount series of 2/4/5 is offered on a desk chair listed at $435.Calculate the combined net price for the sewing machine and chair in this order.

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st. Calculate the cash discount (if any) that he received.

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st. Calculate the net amount of this invoice that he paid on March 1st. (Use your answer from the previous problem (#9) to assist in finding this answer).

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.Calculate the net amount that she owes if she pays the bill on January 16th.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.Calculate the net amount that she owes if she pays the bill on January 23rd.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.Calculate the net amount that she owes if she pays the bill on February 5th.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.Calculate the net amount that she owes if she pays the bill on February 11th.

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.
Calculate the total trade discount for this order.

The list price for a toy train is $56. The single trade discount offered for this product is 11%. You will purchase 40 of these trains.
Calculate the total net price for this order.
(Use your answer from the previous problem (#1) to assist in finding this answer).

The list price for pants is $45 and the list price for windbreakers is $67. Bob's Clothing Store purchases 14 pairs of pants and 11 windbreakers, and receives a single trade discount of 15%.
Calculate the total trade discount for this order.

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.
Calculate the total net price for this order.

A trade discount series of 12/7/3 is offered on ladies' scarves which have a list price of $12. Jenny's Clothes and Shoes Store purchased 80 scarves.
Calculate the total trade discount for this order.
(Use your answer from the previous problem (#5) to assist in finding this answer).

A trade discount series of 7/5/3 is offered on a sewing machine which has a list price of $530. Also, a trade discount series of 2/4/5 is offered on a desk chair listed at $435.
Calculate the combined net price for the sewing machine and chair in this order.

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st.
Calculate the cash discount (if any) that he received.

James received an invoice with a net price of $450 dated February 15th with the terms of 3/15, n/30. He paid his bill on March 1st.
Calculate the net amount of this invoice that he paid on March 1st.
(Use your answer from the previous problem (#9) to assist in finding this answer).

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on January 16th.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on January 23rd.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on February 5th.

DeeDee received a bill with a net price of $4,000 dated January 8th with cash discount terms of 4/10, 1/15, n/30. The bill states that there is a 5% penalty for late payments.
Calculate the net amount that she owes if she pays the bill on February 11th.