1. Find the trade discount and net price. Round to the nearest cent. List Price (RM) 269 Item Single Discount Rate Trade Net Price Discount Fan 25% Mini Fridge 389 10% Radio 100 14%
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- Complete the following invoice, finding the net price using the single trade discount rate.QtyItemUnit priceList price3535Notebooks$1.311.314545Looseleaf paper$0.880.882525Ballpoint pens$0.830.83Total list price3535% trade discountNet priceFill in, rounding to the nearest cent as needed.QtyItemUnit priceList price3535Notebooks$1.311.31$nothingComplete the following table: Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Item List Price chain discount net price trade discount Sony digital camera $320 6/4/3Find the net price if a purchase with a list price of $450 has a series trade discount of 20/10/5
- 1.Calculate the missing information for the purchase. (Round your answers to the nearest cent.) Item SellingPrice SalesTaxRate SalesTax(in $) ExciseTax Rate ExciseTax(in $) TotalPurchase Price(in $) Tire $106.99 6 $ 5 $ $An invoice shows a net price of $176.72 after trade discounts of 30%, 10%, and 2% have been deducted.a. What was the list price of the goods? (Round your answer to the nearest cent.)Price = $ 286.23b. What single rate of trade discount would be equivalent to the discount series? (Round your answer to two decimal places.)Single rate = %What is the amount of the trade discount on goods ordered with a list price of $3,450 and a trade discount rate of 3 3 4 % to the nearest cent? A. $86.25 B. $129.38 C. $862.50 D.$1,293.75
- A wholesaler gives trade discounts 30%, 11% and 3% to his regular customers.a) Find the single discount equivalent to the given trade discounts.b) If the list price of an item is RM320, find the net price.Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List TradeDiscounts ExtendedTotal 150 ea. Blenders $49.95 20/15/15 $ 4330.67 400 ea. Toasters $37.88 20/10/10 $ 9818.50 18 doz. Coffee Mills $244.30 30/9/6 $ 12 doz. Juicers $480.00 25/10/5 $ Invoice subtotal $ Extra 5 1 2 % volume discount on total order − $ Invoice total $Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item OriginalSelling Price(in $) Amount ofMarkdown Sale Price MarkdownPercent Necklace $ $105.00 $235.00 %
- Use Exhibit 18-1 to determine the sales tax (in $) and calculate the total purchase price (in $) for the item. (Round your answers to the nearest cent.) Item SellingPrice SalesTax TotalPurchase Price Hair dryer $19.22a. What is the net price factor of a 25/19 series of trade discounts? net price______ b. A catering company buys some items with a list price of $5,000. If the supplier extends trade discount rates of 35/30/5, find the net price using the net price factor, complement method. $______ c. Find the trade discount amount for an order of merchandise with a list price of $29,000 less trade discounts of 30/25/10. trade discount amount________Calculate the net price based on the information given below. Item: laptop Listed price: $1,200 Single trade discount: 30% Net price: ? What is the original price??