Calculating Discounts and Complements

This video tutorial explains how to compute trade discounts using complements. It covers the calculation of net costs by reversing the order of operations, focusing on subtraction of percentages first. The tutorial also delves into series discounts, explaining how to use complements to determine net costs. Advanced examples are provided, and the use of tables to simplify series discount calculations is discussed.

What is the first step in calculating net cost using complements?

• Subtract the discount percentage from 100%

• Multiply the list price by the discount rate

• Add the discount percentage to 100%

• Divide the list price by the discount rate

In the example with a 15% trade discount, what is the net cost percentage?

• 75%

• 100%

• 85%

• 15%

When calculating net cost with complements, what operation is performed first?

• Multiplication of list price

• Addition of percentages

• Subtraction of percentages

• Division of list price

What is the complement of a 10% discount?

• 80%

• 10%

• 90%

• 70%

What is the complement of a 25% trade discount?

• 65%

• 25%

• 85%

• 75%

In the example with a 25% trade discount, what is the base percentage?

• 100%

• 75%

• 85%

• 25%

What is the complement of a 25% discount?

• 75%

• 25%

• 65%

• 85%

How do series discounts differ from single trade discounts?

• They are applied after taxes

• They are always higher

• They are only for bulk purchases

• They involve multiple discount rates

In a series discount of 25% and 10%, what is the net cost percentage?

• 85%

• 90%

• 75%

• 67.5%

In the example with a series discount of 25% and 10%, what is the complement of the 10% discount?

• 90%

• 70%

• 10%

• 80%