2. Calculate the net price for a product with a list price of $14,700 and a 45% trade discount.

Group of answer choices

$21,315

$8,085

$14,700

$6,615

3 .Calculate the net price for a product having a list price of $14,500 and a 30/10/10 series discount.

Group of answer choices

$8,221.50

$9,135

$10,150

$7,250

4. A company offers a series discount of 30/15/5. Determine the equivalent single discount rate.

Group of answer choices

50%

56.525%

43.475%

.225%

5.

You buy goods with a list price of $500. You return goods that are defective, having a list price of $60. You are entitled to a trade discount of 30%. The seller paid $20 freight on your behalf and added the amount to the invoice. You are offered a 4% cash discount if you pay the invoice within 15 days. What is the net amount you should pay the supplier if you make payment within the discount period?

Group of answer choices

$298.40

$315.68

$309.12

$314.88