Question
Q.6. During a sale, a distributor sells a product listed for $600 with three discounts 15%, 10% and 5%. What is the net price of
Q.6. During a sale, a distributor sells a product listed for $600
with three discounts 15%, 10% and 5%. What is the net price of the product?
Q.7. During a sale, a distributor sells a product listed for $600 with three discounts 15%, 10% and 5%. What is the amount of trade discount?
Q.8. A handbag is listed for $850, less trade discounts of 30% and 15%. What further rate of discount must be offered to reduce the net price to $450?
Q.9. What is the last date of discount period for an invoice date of October 06. The payment terms with ordinary dating are 3/10, n/45.
Q.10. For an invoice dated March 19, 2020 with the payment term under ordinary dating as 2/10, n/30, what is the last date of credit period?
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