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How can you find total cost if the sales price is 22.49 and the discount rate is 3 percent?
If you get a 3% discount, the you'll pay 97% of the list price.0.97 x $22.49 = $21.82
What is the original list price if the discount is W and the discount rate is W?
The original price is 100.
What is discount?
discount is an amount deducted from the usual list price
What Amount of trade discount equals?
A trade discount is a reduction in the listed price of a product or service, typically offered by manufacturers or wholesalers to retailers or bulk purchasers. It is usually expressed as a percentage of the list price and is not reflected in the invoice; instead, the final price after applying the trade discount is what the buyer pays. The amount of the trade discount equals the percentage of the discount multiplied by the list price. For example, a 20% trade discount on a $100 item results in a $20 discount, making the final price $80.
The sale price of a photography book is 20 percent off the list price if the sale price of the book is 10 what is the list price?
10 * 100/80 = 12.50
What is the original list price if the discount is 35 and the discount rate is 10 percent?
If the discounted price is $35, then you must reverse the process to find the original price. The original price would be 38.99 dollars.
The list price of a car is 8800 if the dealer offers a 8 percent discount what must you pay?
$8,096
How can you find total cost if the sales price is 22.49 and the discount rate is 3 percent?
If you get a 3% discount, the you'll pay 97% of the list price.0.97 x $22.49 = $21.82
What is the original list price if the discount is 25 and the discount rate is 12 percent?
If 12% is 25 then 100% is (25/12) x 100 ie 208.33
What will be the percent discount on tatal purchase when two items are purchased at 20 percent and 40 percent discount?
It depends on the relationship between the original prices of the items, and which discount went to the more expensive item. If they both had the same list price to begin with, then the total discount is 30 percent. Other than that, you have to know the details.
What is the original list price if the discount is W and the discount rate is W?
The original price is 100.
What is discount?
discount is an amount deducted from the usual list price
Merchandise was purchased at list for 3460?
It is not clear what the question is meant to be! Someone, somewhere, at some time may well have purchased merchandise at list for 3460. So what?
If the list price is 482.00 and the sell price is 297.00 what is the percentage off?
That is a discount of 185.00. 185/482 = 38.4% discount
What is trade discounts?
Trade discount is the discount that is deducted from the source and then the actual amount is shown. The trade discounts are not shown in the books of accounts. Only the cash discount is shown in the books of accounts but the trade discount will be deducted from the actual and the net amount will be considered.
Why is trade discount not recorded in books of accounts?
Product catalogs often provide a list price for an item. Those list prices may bear little relation to the actual selling price. A merchant may offer customers a trade discount that involves a reduction from list price. Ultimately, the purchaser is responsible for the invoice price, that is, the list price less the applicable trade discount. Trade discounts are not entered in the accounting records. They are not considered to be a part of the sale because the exchange agreement was based on the reduced price.
Trade Discount will be recorded in the books of accounts?
Product catalogs often provide a "list price" for an item. Oftentimes those list prices bear little relation to the actual selling price. A merchant may offer customers a trade discount that involves a reduction from the catalog or list price. Ultimately, the purchaser is responsible for the invoice price, that is, the list price less the applicable trade discount. Trade discounts are not entered in the accounting records. They are not considered to be a part of the sale because the exchange agreement was based on the reduced price level.
