a) The list price of an item was RM2,500. After deduction with a trade discount of...

 

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a) The list price of an item was RM2,500. After deduction with a trade discount of 30%, 20% and x%, the price becomes RM1,260. What is the value of x? b) James bought goods with a net price of RM4,200. The invoice was dated 20th June 2023 with a cash discount term of 8/10, 5/20 and n/30. If the invoice was paid on 4th July 2023, determine the amount that was paid by James. a) The list price of an item was RM2,500. After deduction with a trade discount of 30%, 20% and x%, the price becomes RM1,260. What is the value of x? b) James bought goods with a net price of RM4,200. The invoice was dated 20th June 2023 with a cash discount term of 8/10, 5/20 and n/30. If the invoice was paid on 4th July 2023, determine the amount that was paid by James.

Answer rating: 100% (QA)

SOLUTION Question 1 CLO2 a To find the value of x we need to first calculate the amount deducted by the trade discounts 30 of RM2500 RM750 trade disco... View the full answer