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of stion B.1 (1) Abdul Hamid is a wholesaler in Mutrah market. The main items he sell in the Mutrah market are Wooden furniture, Aluminum

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of stion B.1 (1) Abdul Hamid is a wholesaler in Mutrah market. The main items he sell in the Mutrah market are Wooden furniture, Aluminum furniture and Plastic furniture . Javed LLC is a retailer in Musanna who buys these different types of furniture from Abdul Hamid, in whole sale since ten years. As they are in a very good trade relationship Abdul Hamid planned to give him a trade discount of 20%, 25% and 30% on wooden furniture, Aluminum furniture and Plastic furniture respectively. Javed LLC, gets a such a discount from Abdul Hamid, they will be able to sell the furniture in the below mentioned list prices: Items Total list price Wooden furniture( 15 numbers) OMR 699.50 Aluminum furniture( 12 numbers) OMR 489.90 Plastic furniture ( 17 numbers) OMR 435.50 You are required to: (a) What price Javed LLC should pay for the Wooden furniture to Abdul Hamid, the wholesaler? (1 Mark) (b) What price Javed LLC should pay for the Aluminum furniture to Abdul Hamid, the wholesaler? (1 Mark) (c) What price Javed LLC should pay for the Plastic furniture to Abdul Hamid, the wholesaler? (1 Mark) (2) As the summer approaches Mr. Salim is in search of good quality air conditioners to be replaced in his house. With an intention to buy an air conditioner he went to Carrefour hypermarket. There he found three different companies air conditioners at different prices. They were as follows: Item Net Price Trade Discount Amount Panasonic Air conditioner OMR 249.99 OMR 20 General Air conditioner OMR 199.99 OMR 15 LG Air conditioner OMR 236.50 OMR 25 By seeing the prices and discount amount Mr. Salim was confused to buy which air conditioner. You are required to help him in choosing the best air conditioner in terms of less price. (a) Determine the discount rate applied for Panasonic Air conditioner. (1 Mark) (b) Determine the discount rate applied for General Air conditioner. (1 Mark) (c) Determine the discount rate applied for LG Air conditioner. (1 Mark) (d) Which air conditioner you will suggest Mr. Salim to buy in terms of discount rate. (1 Mark) (3). Gulf mark LLC exports dates to various countries in the brand name Omani Khajoor. Two main importers and trade partners of Gulf mark LLC are Georgia and Armenia. Gulf mark LLC sold 5000 kilograms and 8000 kilograms of Omani Khajoor to Georgia and Armenia respectively. (a) The invoice date with Georgia was June 06,2019, and the goods were sold for OMR 20000. The terms of the payment was 7/10,n/30.The invoice was paid on June 12,2019. You are required to : 0. Find out whether Georgia is eligible for a discount. (0.5 Mark) If yes, find the amount of discount. (0.5 Mark) CH). Find also, the total amount paid by Georgia. (0.5 Mark) (b) The invoice date with Armenia was June 10, 2019, and the goods were sold for OMR 32000. The terms of the payment was 3/10 E.M.O is received. The invoice was paid on July 5, 2019. You are required to : (1) Find out whether Armenia is eligible for a discount (0.5 Mark) (11). If yes, find the amount of discount. (0.5 Mark) (i). Find also, the total amount paid by Armenia. (0.5 Mark)

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