TRADE AND CASH DISCOUNTS

1) Tunggak Jaya Enterprise bought wood stoves from a wholesaler at a listed price of RM 850 per unit with trade
discount of 25% and x%. If the amount of trade discount obtained was RM244.35, find the value of x. 5%

2) Ayra Butik Collection received an invoice dated 12 November 2018 for purchased of 150 baju kurung at RM 75 each.
The retailer was offered trade discount of 12% and 8% with cash discount terms of 8/10, 5/15 and n/30. Find
a) The single discount rate equivalent to the trade discount given. 19.04%
b) The last day to receive the 5% cash discount.
c) The amount to be paid if the payment was made on 25 November 2018. RM 8652.6

3) Anita purchased goods with a net price of RM 3700 and the transportation charge was RM 150. The invoice was
dated 20 July 2018 with cash discount terms of 4/10, 2/27 and n/30. If the invoice is paid on 15 August 2018,
determine the amount needed to be paid. RM 3776

4) An invoice dated 23 April 2017 was received by Anna Scarves for the purchase of 120 shawls at RM10 each. The
owner was offered trade discount of 10% and 8% and cash discount terms of 5/15, 3/20 and n/30. Find
a) The single discount equivalent to the trade discount given. 17.2%
b) The last day to receive the 3% cash discount.
c) The amount due if the owner pays the invoice on 10 May 2017. RM 963.80

5) A washing machine is listed at RM 2069 with a discount of 25%. What additional discount must be offered to the
customer to bring the net price to RM 1429.90? 7.85%

6) An owner of a stationary shop received an invoice for the purchase of 100 pens at RM 2 each and 150 rulers at RM 1
each. The invoice was dated 8 July 2017. He was offered trade discount of 12% and 9%, and cash discount terms of
15/10, 5/20 and n/30. The dealer paid the invoice on 20 July 2017. Find:
a) The single discount equivalent to the given trade discount. 19.92%
b) The amount of payment made on 20 July 2017. RM 266.27

7) The net price of a smart phone after trade discount of 10% and 5% is RM 1999. Find the list price. RM 2338.01

8) An invoice dated 21 February 2016 for RM 2500 (including RM 200 handling charges) was offered trade discount of
15%, 7% and cash discount terms of 5/10, 2/20 and n/60. Find:
a) The net price after trade discount. RM 1818.15
b) The amount paid on 3 March 2016. RM 1981.79

9) The net price of an item after trade discounts of X% and 8% is RM 4350. Find the value of X if the list price is
RM 4943. 4.34%

10) An invoice dated 19 November 2016 was received by Syahirah for the purchase of an item. The price after trade
discounts of 12%, 9% and 6% including the transportation cost of RM 500 is RM 7895. The cash discount term
offered was 5/9, 2/15, n/30. Find:
a) The list price of the item. RM 9823.95
b) The total amount paid if the payment was made on 4 December 2016. RM 7747.10

11) Ali bought a computer listed at RM 5000. He was given trade discount of 20%, 10% and 5%. Find the net price of the
computer. RM 3420

12) An invoice dated 26 October 2014 amounted to RM 8260 was offered trade discounts of 7%, 2% and cash discount
terms of 3/15, 2/30, n/60. Find:
a) The net price after trade discount. RM 7528.16
b) The amount paid on 17 November 2014. RM 7377.60

MAT 112 Mohd Halimi Hamid

13) The net price of an item is RM 3600. Find the list price of the item if the discount rate is 25%. RM 4800

14) On 5 January 2015, Puan Suria received an invoice and the price of the items in the invoice were as follows:

Item Price (RM)

Tables 4800
Chairs 2600
Bookshelf 3000

The trade discounts given were 10%, 7.5% and the cash discount terms were 6/10, 3/20 and n/30. The
transportation cost was RM 350. Find the amount of payment if Puan Suria paid the invoice on 20 January 2015.
RM 8748.26

15) Ammar bought an item from a furniture dealer with trade discounts of 12%, 9% and 6%. The net price was RM 5020
and the transportation charge was RM 250. The invoice was dated 26 August 2013 with cash terms 5/10, 3/15, n/30.
a) Find the list price of the item. RM 6668.86
b) Determine the amount needed to be paid if the payment was made on 9 September 2013. RM 5119.40

16) After deducting trade discounts of 15% and 8%, Encik Daniel paid RM 328.83 for a leather briefcase. Calculate the list
price. RM 420.50

17) The manager of a bookstore received an invoice for the purchase of 100 copies of Business Mathematics textbooks
at RM 28 each. He was given trade discounts of 12% and 8%. The cash discount terms on the invoice were 5/10,
n/30.
a) Determine the single trade discount rate equivalent to the chain discounts. 19.04%
b) Calculate the amount of payments to be made if the payment was made one week after the date of invoice.
RM 2153.56
18) A dealer bought 50 pieces of pearl bracelets and received an invoice of RM 2350 including transportation cost of RM
250. The date of invoice is 21 November 2012 and the cash discount item is 10/10, 5/20, n/30. If he received trade
discounts 8%, 5%, find:
a) The net price after trade discount. RM 1835.40
b) The net payment if payment is made on 2 December 2012. RM 1993.63

19) A retailer received an invoice of RM 4500 dated 6 July 2010 with trade discount offer of 15% and 10% and cash
discount terms of 5/10, 3/15, n/30.
a) Find the single trade discount equivalent. 23.50%
b) Find the amount of payment if the retailer decides to make a payment on 11 July 2010. RM 3270.38

20) An owner of a sundry shop received an invoice for the purchase of 200 bottles of liquid detergent at RM 15 each and
300 bottles of liquid fabric softener at RM 8 each. The invoice was dated 6 August 2010. He was offered trade
discount of 10% and 8%, and cash discount terms of 10/10, 5/20, n/30. The dealer paid the invoice on 21 August
2010.
a) Find the amount of payment made on 21 August 2010. RM 4247.64
b) Calculate the net price of a bottle of liquid soap detergent. RM 11.80
c) Calculate the net price of a bottle of liquid fabric softener. RM 6.29

21) A retailer ordered 20 sets of dining table and received an invoice dated 25 March 2009 for RM15,000 including the
transportation cost with cash discount terms of 7/15, n/30 and trade discount 8% and 4%. The transportation cost
was RM 1584.
a) Find the last date to receive the cash discount. 9 April 2009
b) Calculate the net price for 20 sets of dining table. RM 13433.01
c) Determine the total payment if the retailer pays the invoice on 8 April 2009. RM 12603.58

MAT 112 Mohd Halimi Hamid