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WorksheetsTrade & Cash Discounts
Total questions: 14
Worksheet time: 11mins
What is the formula of Trade Discount, D?
D = L - NP
D = L(1 - r1)(1 - r2)
D = L x r1 x r2
D = L - TP
What is the formula to get the net price, NP?
NP = L(1 - cd) + AD
NP = L(1 - r1)(1 - r2)
NP = L x r1 x r2
NP = L + D
What is the formula for the total payment, TP?
TP = L(1 - r1)(1 - r2) - AD
TP = L(1 - r1)(1 - r2)(1 - cd) + AD
TP = 1 - (1 - r1)(1 - r2)(1 - r3)
TP = L - NP
The listed price of a television is RM3,000 less 20% and 10%.
What is the symbol of RM3,000?
r
D
L
NP
Laila paid RM300 for a microwave that was offered trade discounts of 15%, 5% and 3%.
What is the symbol of RM300?
r
D
L
NP
An oven is sells for RM200 and the net price is RM150. Find the amount of trade discount offered?
RM200
RM50
RM150
RM350
A motorcycle advertised for RMX was offered a trade discount of 5%. Find X if the net price of the motorcycle is RM2,375.
RM2,500
RM2,000
RM3,000
RM3,500
Kamil sells a rice cooker for RM50 less 15% and 5%. Find the net price of the rice cooker.
RM50
RM49.63
RM40.38
RM40
A handphone is advertised for RM1,200 less than 12%, 7% and 5%. Find the single discount equivalent to trade discounts.
RM267.02
RM932.98
22.25%
77.75%
An invoice dated 21 July 2021 for RM4,000 was offered cash discount terms of 5/10, 3/20, and n/35.
Find the last date to receive a 3% cash discount.
3 July 2021
31 July 2021
24 July 2021
10 August 2021
An RM50,000 invoice was issued on 15 February 2024. It had 10% and 7% trade discounts and a cash discount term of 8/15, 2/25 and n/30. Find the last date to receive a 8% cash discount.
2 March 2024
30 February 2024
1 March 2024
11 March 2024
An RM9,000 invoice (excluding a delivery charge of RM50) dated 25 November 2020 had a trade discount of 10%. If the cash discount terms were 8/10, 5/12 and n/30, find the total payment if the payment was made on 3 December 2020.
TP = 9000(1 - 0.10)(1 - 0.05) + 50
TP = 9000(1 - 0.10)(1 - 0.08)
TP = 8950(1 - 0.10)(1 - 0.05) + 50
TP = 9000(1 - 0.10)(1 - 0.08) + 50
An invoice dated 5 April 2023 for RM18,200, including RM200 transportation charge was paid on 20 April 2023. If the trade discounts were 25% and 5% and the cash discount terms were 10/15, 5/23 and n/30, find the total payment.
TP = 18,000(1 - 0.25)(1 - 0.05)(1 - 0.1) + 200
TP = 18,200(1 - 0.25)(1 - 0.05)(1 - 0.1) + 200
TP = 18,000(1 - 0.25)(1 - 0.05)(1 - 0.05) + 200
TP = 18,200(1 - 0.25)(1 - 0.05)(1 - 0.05) + 200
An RM34,000 invoice dated 28 January 2021 had trade discounts of 10% and 8%. The given cash discount terms were 9/5, 6/10 and n/40. The transportation charge was RM200. Find the total payment if the payment was made on 3 February 2021.
TP = 34000(1 - 0.10)(1 - 0.08)(1 - 0.06) + 200
TP = 34000(1 - 0.10)(1 - 0.08)(1 - 0.09) + 200
TP = 33800(1 - 0.10)(1 - 0.08)(1 - 0.06) + 200
TP = 33800(1 - 0.10)(1 - 0.08)(1 - 0.09)
