Practice Quiz Ch8 Bus Math Trade Discounts 8.1.1; 8.1.2; 8.2.1

A water heater with a list price of $325 has a single discount rate of 11%. Find the trade discount. Round to the nearest cent.

• $32.50

• $35.75

• $39.00

• $42.25

• $29.25

A mountain bike with a list price of 225 BD has a single discount rate of 23%. Find the trade discount. Round to the nearest dinar.

• 51.75 BD

• 49.5 BD

• 50 BD

• 52 BD

A home gym has a list price of 380BD. The trade discount is 123 BD what is the net price?

• 260 BD

• 248 BD

• 257 BD

• 271 BD

A Razor electric scooter with a list price of 199BD has a single discount rate of 29%. Find the trade discount and the net price. Round final answers to the nearest dinar.

• T = 58 BD; N = 141 BD

• T = 57.71 BD; N = 141.29 BD

• T = 57 BD; N = 142 BD

• T = 57.29 BD; N = 141.71 BD

A certain model of Armani frames (glasses) has a list price of 300 BD. A trade discount series of 20/10/5 is offered. The different parts of this problem will guide you through calculating the discounts step-by-step. Show all work. Clearly indicate the discount price at each stage - especially the final net price. Round the final answer to the nearest whole BD.

Step One: Calculate the trade discount if the trade discount rate is 20% and the list price is 30BD. Use the trade discount to find the net price after a 20% discount. Clearly indicate the trade discount for this 20% discount and the resulting NET PRICE for step one.

Step Two: Use the NET PRICE from step one as the input value for the second set of calculations. Calculate the step two trade discount using a discount rate of 10%. Use the trade discount to find the net price after the 10% discount. Clearly indicate the trade discount for this 10% discount and the resulting NET PRICE for step two.

Step Three: Use the NET PRICE from step two as the input value for the third set of calculations. Calculate the step three trade discount using a discount rate of 5%. Use the trade discount to find the net price after the 5% discount. Clearly indicate the trade discount for this 5% discount and the resulting NET PRICE for step three.

• Trade discount Step 1: 60BD; Net Price Step 1: 240BD;

  Trade discount Step 2: 24 BD; Net Price Step 2: 216 BDl Trade discount step 3: 10.8 BD; Net Price step 3: 205.2 BD

• Trade discount Step 1: 60 BD; Net price Step 1: 240 BD; Trade discount step 2: 30 BD; Net price step 2 270 BD; Trade discount step 3: 15 BD; Net price step 3: 285BD

• Trade discount Step 1: 60 BD; Net price Step 1: 240 BD; Trade discount step 2: 30 BD; Net price step 2 210 BD; Trade discount step 3: 15 BD; Net price step 3: 195 BD

• Trade discount Step 1: 60BD; Net Price Step 1: 240BD;

  Trade discount Step 2: 24 BD; Net Price Step 2: 226 BDl Trade discount step 3: 10.8 BD; Net Price step 3: 289.2 BD

Another model of Armani frames (glasses) has a list price of 200 BD. A trade discount series of 10/20/5 is offered. (a) find and clearly indicate the decimal equivalents of the complements. (3 points)

(b) calculate the net decimal equivalent. show work. (2 points)

(c) calculate the net price. show work (2 points)

• (a) 0.1, 0.2, and 0.5

  (b) 0.01

  (c) 2 BD

• (a) 0.1, 0.2, and 0.05

  (b) 0.001

  (c) 0.2 BD

• (a) 0.9, 0.8 and 0.95

  (b) 0.684

  (c) 136.8 BD

• (a) 0.9, 0.8 and 0.5

  (b) 0.36

  (c) 72 BD

Round each final answer to the nearest whole percent if necessary. If the net decimal equivalent is 0.635, find the net decimal equivalent in percent form and the single discount equivalent in percent form.

• percent form net decimal equivalent: 37%; percent form single discount equivalent: 64%

• percent form net decimal equivalent: 64%; percent form single discount equivalent: 37%

• percent form net decimal equivalent: 63.5%; percent form single discount equivalent: 36.5%

• percent form net decimal equivalent: 36.5%; percent form single discount equivalent: 63.5%

Find the single discount equivalent in percent form for the discount series 10/5/2. Be able to show your work.

• 0.01%

• 83.79%

• 0.0001

• 0.8379

A conference table has a list price of 750BD. The single trade discount rate is 23%.Calculate the single trade discount and the net price. Be able to show your work.

• Single trade discount: 217.5 BD; Net price: 532.5 BD

• Single trade discount: 172.5D; Net price: 577.5 BD

• Single trade discount: 577.5 BD; Net price: 172.5 BD