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WorksheetsTrade discount, cash discount markup and markdown
Total questions: 5
Worksheet time: 15mins
Find the single equivalent discount of the trade discount series 20%, 25%, 10%.
86.5%
82%
54%
46%
The cost of a toaster is $19.95. The appliance store has a markup of 35% based on selling price. Find the selling price.
$30.69
$26.93
$57.00
$32.92
The terms of an invoice are 3/10, n/30 E.O.M. The invoice date is April 10. The last date on which the discount can be taken is:
April 20
May 10
April 30
May 30
A. R. Black Ltd. has received an invoice for $500 subject to trade discounts 10%, 20%. A cash discount with terms 4/15, n/30 is offered. If A.R. Black pays the bill within the discount period, find the amount paid.
$360.00
$345.60
$480.25
$432.00
The cost of a book to the bookstore is $29. Expenses are 20% of the cost, and the Profit is equal to 10% of the cost. Find the selling price.
$42.50
$34.80
$31.90
$37.70
