Trade discount series sample problems

Grade 8 - Mathematics. 8.7 Word Problems on Trade Discount. Example 2: Jake wants to buy a skateboard. The regular price of the board is $135. Suppose it is on sale at a 25% discount. Find the sale price of the skateboard. Let d represent discount. If the item has three discounts of 20%, 10% and 5%, can you add them together and apply a 35% discount? Q3. Use the single discount equivalent to calculate the trade discount on a $3 200 lawn TRADE DISCOUNT FORMULA Trade Discount (TD) =List Price (LP) x Trade Discount Rate (R) or TD= LP x R Net Price (NP) = List Price (LP) - Trade Discount (TD) or NP= LP - TD 8. LET’S HAVE AN EXAMPLE Dominador will buy a box of canned tuna that lists for P680 and has a trade discount of 25%. pay if you get a 10% discount? Question 2 The price of a t-shirt is 50$. If you buy 4 shirts, you will get 10% discount. How much do you have to pay if you buy 8 shirts? Question 3 The price of a computer after discount was 1,200$. If the discount was 20%, what was the original sales price? Question 4 Mike and Mandy bought the same item. However, a reseller will be given a trade discount of 20% from the catalog price, and will be charged $80. Lastly, a registered high-volume wholesaler will be given a trade discount of 27% and will be charged $73. Solving Trade Discount Problems (Screencast) Learners examine the properties of a triangle and work practice problems to find a triangle's perimeter and area. Watch Now 44 3,760 Flash. More Less. International Time Zones (Screencast) By Virginia Kirsch. In this screencast, you will learn about the 24 time zones.

Solution: (a) Amount of trade discount = 0.30 × $90 = $27 (b) Net price = $90 − $27 = $63 Instead of computing the amount of discount and then deducting this amount from the list price, the net price can be found using the net factor approach. The Net Price Factor (NPF) or net factor can be found using the following formula:

19 Jan 2015 TRAT. 1. TRADE DISCOUNTS-SERIES. -. Step 2. Calculate the single equivalent discount,. Single equivalent discount = 1 - Net price factor. Trade discounts are not recorded in a separate account by either the seller or the buyer. Example of Trade Discounts. A distributor of merchandise may have a To get profit in a business, a trader increases the cost price and sells the product. This offer or discount is called as "Mark down". If you would like to have more practice problems on markup and markdown, please click on the links given

Example 1: A desk is being sold at a 36% discount. The sale price is $496. What was its original price? Solution.

Series discount procedure: The list price for a winter coat is $300.00. A series discount of 20/15/5 is being offered for any orders above $9,000.00. Find (A) the discount and (B) the net price of an order of 40 coats. Step 1: Calculate the discounted prices: 20% off is an 80%% price (0.8). In this screencast, learners follow a step-by-step process to solve trade discount problems. Solving Trade Discount Problems (Screencast) - Wisc-Online OER This website uses cookies to ensure you get the best experience on our website. While a manufacturer sells these to the wholesaler, he keeps back a certain amount from the list price of the item, called the trade discount. Thus, a product having list price of $100, if given trade discount series of 20/10, then, Hence, the discounted price is . Now, the next level calculation of trade discount yields that About This Quiz & Worksheet. The quiz and worksheet you have here will help assess your understanding of the trade discount formula. You'll be quizzed on why trade discounts are given and how they

"Percent of" Word Problems: Markup and Markdown Examples (page 2 of 3). Sections: Basic percentage exercises, Markup / markdown, General increase /

Solution: (a) Amount of trade discount = 0.30 × $90 = $27 (b) Net price = $90 − $27 = $63 Instead of computing the amount of discount and then deducting this amount from the list price, the net price can be found using the net factor approach. The Net Price Factor (NPF) or net factor can be found using the following formula: Grade 8 - Mathematics. 8.7 Word Problems on Trade Discount. Example 2: Jake wants to buy a skateboard. The regular price of the board is $135. Suppose it is on sale at a 25% discount. Find the sale price of the skateboard. Let d represent discount. If the item has three discounts of 20%, 10% and 5%, can you add them together and apply a 35% discount? Q3. Use the single discount equivalent to calculate the trade discount on a $3 200 lawn