Tutorial

Q1. list price =RM180. trade discount of 30% is offered. What is the net price?

Q2. The list price of a calculator is RM80. A trade discount of 20% is offered. What is
the net price of the calculator?

Q3. Weeny Jean offers a discount of 32% on all jeans it sells. What is the net price
of a pair of jeans that is listed at RM420? Compute using the formula NP=(1-r)L.

Q4. The net price of a camera with 40% trade discount is RM480. What is the list
price?
Q5. The net price of a camera with 40% trade discount is RM480. What is the list
price?

Q6. May’s shop sells an item for RM100 less 20% while Sam’s shop sells the same
item for RM120 less 40%.
a) Find the net price of the item for the two shops.
b) What further discount percentage must be offered by the shop that sells at a
higher net price in order to meet the competitor’s price?
Q7. Boon sells a radio for RM280 less 25% while Helen sells the same item for
RM300 less 40%.
a) Find the net price of the item for the two dealers.
b) How much is the price difference?

Q8. Explain the cash discount terms 5/10, n/60.

Q9. An invoice dated 2 January 2017 for RM4,010 was offered cash discount terms
of 1/10, n/30. If the invoice was paid on 10 January 2017, what was the payment?

Q10. An invoice dated 16 March 2017 for RM700 was offered cash discount terms of
3/10, n/30. If the invoice was paid on 16 April 2017, what was the payment?
Q11. The total of the invoice with cash discount terms 4/15, n/30 amounts to
RM3400 which includes a prepaid freight charge of RM150. Find the amount that is
needed to pay the invoice within the cash discount period.

Q12. An invoice of RM10,000 and dated 18 April 2017 is offered 25% trade discount
and cash discount terms of 9/10, n/30. Find
(a) the trade discount offered,
(b) the cash discount offered,
(c) the net payment if the invoice is paid on 27 April 2017.
Q13. A computer is advertised for RM4800 less 20% and 10%. Find
a) Net price
b) The total discount