Midterm Exam

What is the selling price for a cassette that costs the retailer Php 10.00 and is marked up 70% based on cost?

An expensive cropped top originally priced at Php 550.00 is marked 25% off. What is the sale price?

A Gibson guitar is marked down by 20%; the sale price is Php 28,000.00. What was the original price?

An item from Bershka that regularly sells for Php 3000.00 a piece and sells it for Php 8,100.00 for 3 items. What is the discount rate from the original total cost?

It is the amount of discount that the wholesaler or retailer receives off the list price or the difference between the list price and the net price.

The price that the manufacturer or retailer pays or the list price minus the trade discount.

It is an additional discounts that are deducted one after another from the list price.

Peter will buy levis pants that lists for P3,500 and has a trade discount series of 25/20/5. Find the net price.

Sam will buy a projector that lists for P20,000.00 and has a trade discount series 30/20/10. Find the single equivalent discount.

It is a deduction allowed by some sellers of goods or by some providers of services in order to motivate customers to pay within a specified time.