trade discount, Mathematics

Assignment Help:
on 30 april, anthony purchased television invoiced at rm 6999 with cash discount terms of 2/10, 1/15, n/30 and also a trade discount 1.5%, 2%, 3.25%. In order to pay the invoice, he borrowed the money for 20 days at 5% per annum simple interest to pay the invoice on 2 may. How much did he save by borrowing to take advantage of the cash discount?

Related Discussions:- trade discount

Explain the rules of divisibility, Explain the rules of Divisibility ? ...

Explain the rules of Divisibility ? Divisible by 2: If the last digit is a 0, 2, 4, 6, or 8, the number is evenly divisible by 2. Divisible by 2 Not

Lognormal distribution, The Lognormal Distribution If ln(X) is a normal...

The Lognormal Distribution If ln(X) is a normally distributed random variable, then X is said to be a lognormal variable. If P1, P2, P3, ... are the prices of a scrip in per

Fractions, how do you divide fractions?

how do you divide fractions?

How do children learn maths?, HOW DO CHILDREN LEARN? : Have you ever tried...

HOW DO CHILDREN LEARN? : Have you ever tried teaching a young child what "ball" means? Did you do it by a lot of verbal description" Or did you let the child actually handle a b

Prove that ad x af=ae x ab, ABCD is a rectangle. Δ ADE and Δ ABF are two tr...

ABCD is a rectangle. Δ ADE and Δ ABF are two triangles such that ∠E=∠F as shown in the figure. Prove that AD x AF=AE x AB. Ans:    Consider Δ ADE and Δ ABF ∠D = ∠B

Subtraction involving negative numbers, Q. Subtraction Involving Negative N...

Q. Subtraction Involving Negative Numbers? In order to subtract positive and negative numbers, you need to be aware of the Rule for Subtraction. This rule states that subtracti

The formal algorithm in maths, When do you think you should introduce word ...

When do you think you should introduce word problems-before children master the formal algorithm, or after? What are your reasons for your choice? In any case, no textbook can s

Determine the area of the walkway, Mark is preparing a walkway around his i...

Mark is preparing a walkway around his inground pool. The pool is 20 by 40 ft and the walkway is intended to be 4 ft wide. Determine the area of the walkway? a. 224 ft 2 b.

Give the proofs in mathematics, Give the Proofs in Mathematics ? 1 Two...

Give the Proofs in Mathematics ? 1 Two-column deductive proof Proof: Statements                                                              Reasons * Start with given c

Percentage, of all those survey 390 were under 18 years of age if 20%were 1...

of all those survey 390 were under 18 years of age if 20%were 18, how many responded to the survey

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd