QRB Week 2 Pre Quiz
QRB/501 Week 2 Pre Quiz
Find the trade discount on a computer that lists for $500 if a discount rate of 35% is offered.
500*35%
The trade discount is $175
Calculate the trade discount for 60 boxes of computer paper if the unit price is $12.43 and a single trade discount rate of 20% is allowed.
60 * 12.43 = 745.80 * 20% =
The trade discount is $149.16
Use the net price rate to calculate the net price for 50 boxes of computer paper if the unit price is $13.86 and a single trade discount of 20% is allowed
50 * 13.86 = 693 – 20% =
The net price is $554.40
A trading company purchased video and digital cameras from a producer for its new store with a total of $159,770. The order has a trade discount of 29%. Use the net price rate to find the net price of the merchandise.
159770 – 29% =
The net price is $113,436.70
A company manages an electronic equipment store and has ordered 200 remote controlled color TV’s for a special sale. The list price for each TV is $200 with a trade discount series of 5/8/3. Find the net price of the order by using the net decimal equivalent.
200 * 200 = 40000 – 5% = 38000 – 8% = 34960 – 3% =
The total net price is $33,911.20
One manufacturer is calculating the trade discount on a dog kennel with a list price of $265 and a trade discount series of 12/10/12. What is the trade discount? What is the net price for the kennel?
265 – 12% = 233.20 – 10% = 209.88 – 12% = 184.69
265 - 184.69 = 80.31
The trade discount is $81.31
The net price for the kennel is $184.69
One manufacturing currently receives a trade discount series of 10/15/15 on merchandise purchased from a furniture company. He is negotiating with another furniture manufacturer to purchase similar furniture of the same quality. The first company lists a dining room table and six chairs for $1820. The other company lists a similar set for $1,813 and a trade discount series of 10/10/15. Which deal is better?
Deal One: 1820 – 10% = 1638 – 15% = 1392.30 –
Find the trade discount on a computer that lists for $500 if a discount rate of 35% is offered.
500*35%
The trade discount is $175
Calculate the trade discount for 60 boxes of computer paper if the unit price is $12.43 and a single trade discount rate of 20% is allowed.
60 * 12.43 = 745.80 * 20% =
The trade discount is $149.16
Use the net price rate to calculate the net price for 50 boxes of computer paper if the unit price is $13.86 and a single trade discount of 20% is allowed
50 * 13.86 = 693 – 20% =
The net price is $554.40
A trading company purchased video and digital cameras from a producer for its new store with a total of $159,770. The order has a trade discount of 29%. Use the net price rate to find the net price of the merchandise.
159770 – 29% =
The net price is $113,436.70
A company manages an electronic equipment store and has ordered 200 remote controlled color TV’s for a special sale. The list price for each TV is $200 with a trade discount series of 5/8/3. Find the net price of the order by using the net decimal equivalent.
200 * 200 = 40000 – 5% = 38000 – 8% = 34960 – 3% =
The total net price is $33,911.20
One manufacturer is calculating the trade discount on a dog kennel with a list price of $265 and a trade discount series of 12/10/12. What is the trade discount? What is the net price for the kennel?
265 – 12% = 233.20 – 10% = 209.88 – 12% = 184.69
265 - 184.69 = 80.31
The trade discount is $81.31
The net price for the kennel is $184.69
One manufacturing currently receives a trade discount series of 10/15/15 on merchandise purchased from a furniture company. He is negotiating with another furniture manufacturer to purchase similar furniture of the same quality. The first company lists a dining room table and six chairs for $1820. The other company lists a similar set for $1,813 and a trade discount series of 10/10/15. Which deal is better?
Deal One: 1820 – 10% = 1638 – 15% = 1392.30 –