BADB 1014 final Q9-Q10

Quantitative Methods (BADB1014) CONFIDENTIAL September 2021 Final Examination 9. A company received an invoice dated 25 January 2019 for the purchase of an item, The invoice offered trade discount of 20% and cash discount terms of 3/15, n/30. On 5 February 2019, the company paid RM7560 including freight charges of RM100 to settle the invoice. Find the list price of an item. (4 Marks) 10. The markdown percent on TV set is 10%. If the new retail price is RM900, find (a) the old retail price and (b) the markdown amount. (4 Marks)