Business Mathematics | Trade and Cash Discount
Authored by AR Norzanah
Mathematics
University
CCSS covered
Used 179+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the price at which the manufacturer sell the goods to the customer (retailer)?
Net Price
List Price
Tags
CCSS.7.RP.A.2
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ is the price at which the customer (retailer) pays to the manufacturer.
Net Price
List Price
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
List Price is bigger than Net Price
Yes
No
Tags
CCSS.7.EE.B.3
CCSS.7.NS.A.3
CCSS.7.EE.B.4
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
List price is also known as ________
(hint: 3 correct answers)
Net Price
Catalogue Price
Listed Price
Advertised Price
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
The abbreviation of List Price is (a)
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
The abbreviation of Net Price is (a)
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is the trade discount (TD)?
(hint: 4 correct answers)
The discount offered by the manufacturer to the customer (retailer/wholesaler)
The amount that have to be calculated on the list price (L)
It is the difference between list price (L) and net price (NP)
Is the amount in Ringgit
Reductions on the amount due to customers who pay their bills within a given period of time to encourage customer payment of bills
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
CCSS.7.EE.B.3
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