BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Php 4, 906.00
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Pph 7, 360.00
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Php 18, 400.00
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Php 1, 002.18
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Detailed explanation-1: -Trade discounts are usually based on the list price (catalogue price). Sales are recorded based on net price. Net price = List price – Trade discount.
Detailed explanation-2: -exaMpLe 6.1h Determine the amount of discount for a $100.00 list price subject to the discount series 40%, 12.5%, 8⅓%, and 2%. Rate of discount = Amount of discount/List price = 52.8375/100 = 0.528375 The single equivalent rate of discount is 52.84%.
Detailed explanation-3: -A discount series refers to a discount that you offer based on a number of different conditions. Rather than just offering the discount after one condition is met, the discount series requires purchasers to meet different conditions at different times. For example, let’s say you sell wholesale auto parts.