Question
1. Determine the net price of an article listed at $590 less 37.5%, 12.5%, and 8%. 2.What rate of discount has been allowed if an
1. Determine the net price of an article listed at $590 less 37.5%, 12.5%, and 8%.
2.What rate of discount has been allowed if an item that lists for $270 is sold for $168.75?
3.Compute the single discount percent equivalent to the discount series 40%, 10%, and 8%.
4. What amount must be remitted if the following invoices, all with terms 4/10, 2/30, n/60, are paid on May 10?
$850 less 20% and 10% dated March 21
$960 less 30 and 16% dated April 10
$1040 less 33%, 25%, and 5% dated April 30
5.What is the regular selling price of an item purchased for $1270 if the markup is 20% of the regular selling price?
6.The net price of a snow shovel is $20.40 after discounts of 20% and 15%. What is the list price?
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