Question

sam owns a music shop. During Eid, he bought CD’s from his wholesaler worth AED 8,500....

sam owns a music shop. During Eid, he bought CD’s from his wholesaler worth AED 8,500. Sam is offered a chain discount of 4/3 on his order.
  
Find the following:

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Net Price Equivalent Rate

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Single Equivalent Discount Rate

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Net Price

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Trade Discount Amount

A.

0.9312

B.

AED 17.85

C.

AED 595

D.

0.0688

E.

0.0021

F.

AED 7,905

G.

AED 584.80  

H.

AED 7,915.20

I.

0.9979

Homework Answers

Answer #1

Given, List Price: AED 8,500

Find the Net Price Equivalent Rate by multiplying the compliments:

(Choose Option A)

To find the Single Equivalent Discount Rate, subtract the Net Price Equivalent Rate from 1:

  (Choose Option D)

To find the Net Price, multiply the Net Price Equivalent Rate by the list price:

  (Choose Option H)

To find the Trade Discount Amount, subtract the Net Price from the List Price:

  (Choose Option G)

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