# Expert Answers

1- find net price of computer listed at $450 with a discount rate offered of 40% . The net price of the computer is ?

2- calculate the net price for 30 boxes of computer paper if units price is $13.98 and a single trade discount rate of 40% is allowed. The net price is?

3- one manufacturer needs to calculate the net price of an order with list price of $800 and a trade discount series of 10/8/5. Use the net decimal equivalent to find the net price. The net price is $ (round to the nearest cent as needed)

4- one distributor lists ink-jet printers with 360 dpi and six scalable fonts that can print envelopes, labels, and transparencies for $186.94 with a trade discount series of 10/10/15. Another distributor lists the same brand and model printer at $245 with a trade discount series of 10/15/15. Which is the better deal if all other aspects of the deal, such as shipping, time of availability and warranty are the same or equivalent? Which is the better deal?

The second deal - $245 with 10/15/15 discount series or The first deal $186.94 with the 10/10/15 discount series?

5- One distributor lists a printer at $470 with a trade discount series of 16/12/6. Another distributor lists the same printer at $420 with a trade discount series of 9/9/6 .Which is better deal? The first deal- $470 with the 16/12/6 discount series or The second deal- $ $420 with the 9/9/6 discount series?

6- A man gets an invoice for $410 with terms 4/10, 1/15, n/30. How much would he pay 7 days after the invoice date? The net amount due is $ (round to the nearest cent as needed)

7- A director of accounts received a bill for $644, dated April 7, with sales terms 2/10, 1/15, n/30. What amount is due if the bill is paid on or between April 18 and April 22? The net amount is due $ (round to the nearest cent as needed)

8- A man is an account officer for his company and must calculate cash discounts before paying invoices. He is paying bills on June 17 and has an invoice dated June 11 with terms 3/10, n/30. If the net price of the invoice is $ 1,296.72, what is the net amount the man will need to pay? The net amount is due $ (round to nearest cent)

9- An invoice for $940 is dated October 15 and has sales terms of 4/10 ROG. The merchandise arrives October 20. How much is due if the bill is paid on November 3? The net amount due is $

10- A man has an invoice for a complete computer system for $3978.21. The invoice shows terms of 5/10,4/15, n/30. He can afford to pay $2500 within 10 days of the date on the invoice and the remainder within the 30-day period. How much should be credited to the account for the $2500 payment, and how much is still due? The amount credited to the account for the $2500 payment is $ (round to nearest cent)

11- Cost =$35; Markup =$20. Find the selling price. The selling price is $?

12- Cost =$70; selling price =175. a) find the Markup, b) find the rate of the markup based on cost. a) The markup is $?

13- Belts cost $5 and sell with a markup of $2.88. Find the selling price of the belts. The selling price is $ (Type an integer or a decimal)

14- A lamp costs $28 and is marked up based on cost. If the lamp sold for $ 77, what was the percent of markup ? The rate of markup is what %?

18- Cost $ 68; selling price =$80. Find the rate of markup based on the selling price. The rate of markup is what %?

17- An item is marked up $23. The markup rate based on selling price is 58%. a) find the selling price, b) find the cost. Round off to nearest cent. a) The selling price is $ (round to nearest cent ).

18- An item sells for $32 and is reduced to sell for $12. Find the markdown amount and the rate of markdown. The markdown amount is $?

19- Selling price= $850; reduced (New) price =$ 550. Find the markdown amount and the rate of markdown. The markdown amount is $?

20- An item sells for $5870 and costs $3420. What is the rate of markup based on selling price? Round to the nearest tenth of a percent. The rate of markup based on selling price is what % (Type an integer or decimal rounded to the nearest tenth as needed)

2- calculate the net price for 30 boxes of computer paper if units price is $13.98 and a single trade discount rate of 40% is allowed. The net price is?

3- one manufacturer needs to calculate the net price of an order with list price of $800 and a trade discount series of 10/8/5. Use the net decimal equivalent to find the net price. The net price is $ (round to the nearest cent as needed)

4- one distributor lists ink-jet printers with 360 dpi and six scalable fonts that can print envelopes, labels, and transparencies for $186.94 with a trade discount series of 10/10/15. Another distributor lists the same brand and model printer at $245 with a trade discount series of 10/15/15. Which is the better deal if all other aspects of the deal, such as shipping, time of availability and warranty are the same or equivalent? Which is the better deal?

The second deal - $245 with 10/15/15 discount series or The first deal $186.94 with the 10/10/15 discount series?

5- One distributor lists a printer at $470 with a trade discount series of 16/12/6. Another distributor lists the same printer at $420 with a trade discount series of 9/9/6 .Which is better deal? The first deal- $470 with the 16/12/6 discount series or The second deal- $ $420 with the 9/9/6 discount series?

6- A man gets an invoice for $410 with terms 4/10, 1/15, n/30. How much would he pay 7 days after the invoice date? The net amount due is $ (round to the nearest cent as needed)

7- A director of accounts received a bill for $644, dated April 7, with sales terms 2/10, 1/15, n/30. What amount is due if the bill is paid on or between April 18 and April 22? The net amount is due $ (round to the nearest cent as needed)

8- A man is an account officer for his company and must calculate cash discounts before paying invoices. He is paying bills on June 17 and has an invoice dated June 11 with terms 3/10, n/30. If the net price of the invoice is $ 1,296.72, what is the net amount the man will need to pay? The net amount is due $ (round to nearest cent)

9- An invoice for $940 is dated October 15 and has sales terms of 4/10 ROG. The merchandise arrives October 20. How much is due if the bill is paid on November 3? The net amount due is $

10- A man has an invoice for a complete computer system for $3978.21. The invoice shows terms of 5/10,4/15, n/30. He can afford to pay $2500 within 10 days of the date on the invoice and the remainder within the 30-day period. How much should be credited to the account for the $2500 payment, and how much is still due? The amount credited to the account for the $2500 payment is $ (round to nearest cent)

11- Cost =$35; Markup =$20. Find the selling price. The selling price is $?

12- Cost =$70; selling price =175. a) find the Markup, b) find the rate of the markup based on cost. a) The markup is $?

13- Belts cost $5 and sell with a markup of $2.88. Find the selling price of the belts. The selling price is $ (Type an integer or a decimal)

14- A lamp costs $28 and is marked up based on cost. If the lamp sold for $ 77, what was the percent of markup ? The rate of markup is what %?

18- Cost $ 68; selling price =$80. Find the rate of markup based on the selling price. The rate of markup is what %?

17- An item is marked up $23. The markup rate based on selling price is 58%. a) find the selling price, b) find the cost. Round off to nearest cent. a) The selling price is $ (round to nearest cent ).

18- An item sells for $32 and is reduced to sell for $12. Find the markdown amount and the rate of markdown. The markdown amount is $?

19- Selling price= $850; reduced (New) price =$ 550. Find the markdown amount and the rate of markdown. The markdown amount is $?

20- An item sells for $5870 and costs $3420. What is the rate of markup based on selling price? Round to the nearest tenth of a percent. The rate of markup based on selling price is what % (Type an integer or decimal rounded to the nearest tenth as needed)

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