BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An item listed at Php 100 is subject to the discounts of 20%, 10% and 5%. Determine the net price.
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Php 68.40
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Php 61.20
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Php 85.5
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Php 17.1
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Explanation:
Detailed explanation-1: -Required discount =(100−68. 40)%=31. 6%
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: -The single discount equivalent to 5%, 7% and 9% is 19.60%. 5%, 7% and 9%. Hence, the single discount equivalent to 5%, 7% and 9% is 19.60%.
Detailed explanation-4: -The net price is the value at which a product or service is sold after all taxes and other costs are added and all discounts subtracted. Net price is what a customer pays.
There is 1 question to complete.