can you send full solution please it\'s urgent. MATH 10067 &MA101; 84 REVIEW QUE

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can you send full solution please it's urgent.

MATH 10067 &MA101; 84 REVIEW QUESTIONS FOR ALL TESTS-Fall 2017 60-1 A Blue-ray Player listed at $22500 less 30%, 15%, and 5% is offered at a further reduced price of $110.00 (a) What was the net price prior to the further reduced price? (b) What additional rate of discount was offe ed? 61. Bob Inc. and Mike Inc. are competing on an electrical contract to supply auto parts. Bob Inc.'s offer is $178,000, less 15% and 10%. Mike Inc.'s offer is $180,600 less 20% and 10%. (a) Which company is offering the cheaper price and by how much? (You must show your calculations.) (b) What further trade discount rate must the company with the higher price provide to match the lower price? 62. An item with a list price of $240.00 was purchased for $182.35. What additional trade discount 63 | If the total discount on a pair of skis for a ski store is 40% after trade discounts of 20%, 15%, and 64. An invoice dated May 29 for $625.00 with terms 4/10, 1.5/30, n/60 is paid in full on June 17. was applied to the discount series 14%, 7%? a third discount. Find the third discount rate. What is the total amount paid to settle the account? You received an invoice dated August 25 for $980.00, another dated September 10 for $850.00 and one dated September 29 for $950.00. If all three invoices had the following terms 5/10, 2/30 n/45 how much should you pay on October 6 to pay them all off completely and take advantage of any early payment discounts? 65. An invoice for $825.00 was dated July 25 and received on July 28th with terms 3/15, 1.5/30 n/45 E.O.M. You received your merchandise on August the 4th. What amount should you pay on August 14th?

Explanation / Answer

I am solving the first problem as per Chegg guidelines, post multiple question to get the remaining answers

Q60)

Less 30% = 225 - 225 * 30/100 = 157.5$

Less 15% = 157.5 - 157.5 * 15/100 = 133.875%

Further 5% discount = 133.875 - 133.875 * 5/100 = 127.18125%

a) Net price prior to the further discount = 133.875$, which is less 30, less 15 price

b) Additional rate of discount offer = 133.875 - 127.18125 = 6.69375$

As compared to the current price, additional discount offer = 6.69375/225 * 100 = 2.975%

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