Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. A new model of golf shoes is listed at RM110 per pair. During the sale, a trade discount of 14% was offered. a)

1. A new model of golf shoes is listed at RM110 per pair. During the sale, a trade discount of 14% was offered. a) What is the amount of the trade discount offered per pair of shoes? b) What is the net price per pair of shoes? 2. After a trade discount of 30%, a garage can purchase windshield wiper blades for a net cost of RM19.46. What is the list price of the blades? 3. The list price of canned foods at a wholesaler's outlet is RM50, and the net cost is RM46. What is the trade discount rate? 8% 4. An Item is bought after a trade discount of 30% and the trade discount received was RM120, Calculate the list price of the item. 5. Towards the end of Christmas, a distributor is selling leather shoes that were listed for RM600 with the following three discounts : 15%, 10%, 5%. a) What is the net cost of the leather shoe? 438 b) What is the amount of the trade discount? 162

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Answer Trade Discount Problems We can solve these problems using the following formula Trade Discoun... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Document Format ( 2 attachments)

PDF file Icon
663e9cb8956f3_954017.pdf

180 KBs PDF File

Word file Icon
663e9cb8956f3_954017.docx

120 KBs Word File

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin

9th Edition

1337613924, 978-1337613927

More Books

Students also viewed these Finance questions

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago

Question

Define Scientific Management

Answered: 1 week ago

Question

Explain budgetary Control

Answered: 1 week ago