Need some help 15 0D BUSINESS MATH Exam 4-Continued Stadent\'s Name 6 Powell Mot

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Need some help

15 0D BUSINESS MATH Exam 4-Continued Stadent's Name 6 Powell Motos is discoetinuing this year's car design, priced a $82.000, and laundhang bext vP. Student Number, 523-526 year's model. Owner, llert, decides to ofier a l5% dsount-allinto the trade die uit of 10% (this is a chain discount of 1015) on orders of five or more cas to help move the old model and make room for the new one in showrooms.If a car dealenhip ondens seven o the old cars, how mach will the order cost? 50 ¢ 7 Mr N orders items for his mini- mart from a wholesaler. The list price for a squishy drink is pp.517-519 $2.00 per drink with a 25% trade discount rate. If Mr. N purchases 35 squishy drinks at the act price, how much money does he save on bis order compared to the list price? 525 7.50

Explanation / Answer

6) Net Price = cost [1- trade discount]

         = 82000 [ 1- .10]

         = 82000*.90

          = 73800

Net cost of ordering = Net price [1-next discount price]

        = 73800 [ 1 - .15]

        = 73800 *.85

         = $ 62,730

7)Amount saved : quantity * price * discount rate

              = 35 * 2* .25

              = $ 17.50

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