Trade Discount - Microprocessors - Payment Terms - Mathematics Assignment Help

Assessment Task

Trade Discount - Microprocessors - Payment Terms - Mathematics Assignment Help 

1)Plus Inc. paid a net price of $180,500 for a shipment of raw steel. The trade discount offered was 10%.

• Calculate the list price of the shipment.
• Calculate the dollar amount of the discount.

2)A distributor of microprocessors had a list price of $562 for 13CPU chips that it sold to a wholesaler after a trade discount of 8%.
a.What was the net price of eachCPU chip?

b.What was the dollar amount of the discount offered for eachCPU chip?

3)APEM distributors listed pine nuts for $18.00 per kg. Last winter, they offered 15% and 11% discounts to a retailer. Calculate the net price to the retailer.
5)Olivia received an invoice for $8,000 that had payment terms of 3/15, n/30. She made a partial payment of $4,150 during the discount period.

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