Question 1

The sales tax in Xavier's area is 4.85%. He purchased a $2,345 car which is a taxable sale. How much will he pay in all?

Accepted Answer

The answer of The sales tax in Xavier's area is...

Question 2

What does a series discount of 10/15/20 mean?

Accepted Answer

10% reduction, a 15%

Question 3

There is an invoice amount of $3,545 which includes $120 in freight charges. The terms are 2/10, n/45 and the invoice is paid within the discount period. What is the net invoice amount due?

Accepted Answer

The answer of There is an invoice amount of $3,545...

Question 4

A commercial lawn mower has a list price of $1,482.20. Jacob's Landscaping receives a 22% trade discount. How much is the discount?

Accepted Answer

A)  $326.08 
B)  $296.44 
C)  $32.60 
D)  $29.64 
A)  $326.08 
B)  $296.44 
C)  $32.60 
D)  $29.64

Question 5

Which shows how to find the net price equivalent with the series discount 15/20/10 using the complement method?

Accepted Answer

A)  (0.15 * 0.2 * 0.1) * price 
B)  [1 - (0.15 * 0.2 * 0.1) * price 
C)  [1 - (0.85 * 0.8 * 0.9)] * price 
D)  (0.85 * 0.8 * 0.9) * price 
A)  (0.15 * 0.2 * 0.1) * price 
B)  [1 - (0.15 * 0.2 * 0.1) * price 
C)  [1 - (0.85 * 0.8 * 0.9)] * price 
D)  (0.85 * 0.8 * 0.9) * price

Question 6

The list price on a cash register is $734.79. A business customer receives a 15% trade discount. What is the net price?

Accepted Answer

The answer of The list price on a cash register...

Question 7

The Broomery is shipping 14 craft kits to a client. The price of each kit is $23.89, and the client receives a 25% trade discount. The shipping type is FOB shipping point at a cost of $35. What is the invoice total?

Accepted Answer

The answer of The Broomery is shipping 14 craft kits...

Question 8

The sales tax in a particular county is 5.2%. A taxable sale of $1,560 will have how much added in sales tax?

Accepted Answer

$81.12;

The sales tax in Xavier's area is 4.85%. He purchased a $2,345 car which is a taxable sale. How much will he pay in all?

What does a series discount of 10/15/20 mean?

There is an invoice amount of $3,545 which includes $120 in freight charges. The terms are 2/10, n/45 and the invoice is paid within the discount period. What is the net invoice amount due?

A commercial lawn mower has a list price of $1,482.20. Jacob's Landscaping receives a 22% trade discount. How much is the discount?

Which shows how to find the net price equivalent with the series discount 15/20/10 using the complement method?

The list price on a cash register is $734.79. A business customer receives a 15% trade discount. What is the net price?

The Broomery is shipping 14 craft kits to a client. The price of each kit is $23.89, and the client receives a 25% trade discount. The shipping type is FOB shipping point at a cost of $35. What is the invoice total?

The sales tax in a particular county is 5.2%. A taxable sale of $1,560 will have how much added in sales tax?

Basic Math Functions

Fractions

Percents

Bank Services

Payroll

Taxes

Insurance

Markup and Markdown

Interest

Consumer Credit and Mortgages

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Depreciation

Financial Statements

Business Statistics

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Exam 8: Invoices and Discounts

The sales tax in Xavier's area is 4.85%. He purchased a $2,345 car which is a taxable sale. How much will he pay in all?

What does a series discount of 10/15/20 mean?

There is an invoice amount of $3,545 which includes $120 in freight charges. The terms are 2/10, n/45 and the invoice is paid within the discount period. What is the net invoice amount due?

A commercial lawn mower has a list price of $1,482.20. Jacob's Landscaping receives a 22% trade discount. How much is the discount?

Which shows how to find the net price equivalent with the series discount 15/20/10 using the complement method?

The list price on a cash register is $734.79. A business customer receives a 15% trade discount. What is the net price?

The Broomery is shipping 14 craft kits to a client. The price of each kit is $23.89, and the client receives a 25% trade discount. The shipping type is FOB shipping point at a cost of $35. What is the invoice total?

The sales tax in a particular county is 5.2%. A taxable sale of $1,560 will have how much added in sales tax?

Basic Math Functions

Fractions

Percents

Bank Services

Payroll

Taxes

Insurance

Markup and Markdown

Interest

Consumer Credit and Mortgages

Annuities, Stocks, and Bonds

Depreciation

Financial Statements

Business Statistics

Filters