Question One: (10 marks: 3 marks for the formula - 5 marks for the steps and calculations - 2 marks for the final answer). Walmart purchased the latest CD recorded by Selena Gomez. It received a total discount of $10.08 off the MSRP for the CD, which represents a discount percentage of 42%. a. What was the MSRP? b. What was the net price paid for the CD? Question Two: (10 marks: 3 marks for the formula - 5 marks for the steps and calculations - 2 marks for the final answer). Best Buy just acquired an HP Pavilion computer for its electronics department. The net price on the computer is $260.40 and Best Buy receives discounts of 40% and 38%. a. What single discount is equivalent to two discounts? b. What is the list price? c. What is the total discount amount? Question Three: 10 marks: 3 marks for the formula - 5 marks for the steps and calculations - 2 marks for the final answer). TELUS retails a Samsung cellphone at the MSRP of $399.99. TELUS can purchase the phone from its supplier and receive a 20% trade discount along with a 5% volume discount. a. What is the single equivalent percent discount? b. What net price does TELUS pay for the phone? c. How much of a discount in dollars does this represent? 9 Search insert port se 16 4- 18 144 DII 10 DDI impreer.ignment Four | Schoo X + ment/6457467196/info Question Four: (10 marks: 3 marks for the formula - 5 marks for the steps and calculations - 2 marks for the final answer). Elena lives in Nova Scotia and has relatives in Alberta, Saskatchewan, and Quebec. She gets together with them often. She wants to purchase a new aerobic trainer and would like to pay the lowest price. If a family member buys the item, Elena can pick it up at one of their regular family gatherings. The price of the trainer for each province is listed below: Province Regular Selling Price before Taxes Nova Scotia $1,229.50 Alberta $1,329.95 Saskatchewan $1,274.25 Quebec $1,219.75 a. Where should Elena have the aerobic trainer purchased and how much would she pay? b. How much money would she save from her most expensive option? Question Five: 10 marks: 3 marks for the formula - 5 marks for the steps and calculations - 2 marks for the final answer). A residential property in Regina has a market value of $210,000. The Saskatchewan tax policy is 70%. The property is subject to three mill rates: 13.4420 in municipal taxes, 1.4967 in library taxes, and 10.0800 in school taxes. What amount of tax is collected for each, and what are the total property taxes? Posted Tue Nov 29, 2022 at 10:28 am Comments There are no comments Write a comment Search