1. Hanifah, a furniture shop owner, buys a new set of furniture worth RM8,260. She receives an invoice dated 26 October 2021 with trade discounts of 7/2 and is offered cash discount terms 3/15,2/10,n/60. a. Calculate the single discount equivalent to the trade discount given. (1 Mark) b. When is the last day to receive the 2% cash discount? (1 Mark) c. Determine the total amount due if Hanifah pays the invoice on 17 November 2021 . (1 Mark) [Total: 3 Marks] 2. A retailer knows that 25% of the lychees purchased will spoil and must be thrown out. If they buy 300 baskets of lychees for $5.35 per basket and want a markup of 60% on the selling price, find the selling price per basket of lychees. (2 Marks) 3. Khalifah pays RM267 for a sewing machine. The original selling price was RM375, but it was marked down 45%. If the operating expenses are 38% of the cost, find the operating loss and the absolute loss. (2 Marks)