BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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FIND THE TRADE DISCOUNT FOR 498 HANDBAGS IF THE UNIT PRICE IS $30.45, AND A TRADE DISCOUNT OF 15% IS ALLOWED.
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$4.57
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$2, 274.62
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$74.70
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$12, 889.49
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Explanation:
Detailed explanation-1: -One affiliate orders 500 blue, for which âkâ allows a 30% trade discount. Subsequently, the complete retail cost of 1, 000 rupees is decreased to 700 rupees, which is the sum that âKâ bills to the affiliate. The exchange rebate is, thusly, 300 rupees.
Detailed explanation-2: -Meaning of Trade Discount Trade discount is referred to as the discount that is offered by a seller to the buyer of the product in the form of reduction in the price of the item. Trade discounts are offered to increase the sales of the product and make the customers feel that they are getting the best offer.
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