Quiz 3

Question 1
The net price of a laptop after trade discounts of 15% and 5 % is RM1,900. Find the list price.
(5 marks)
Question 2
An invoice dated 5 May 2018 for RM5,500 including RM450 of transportation charge was
offered trade discounts of 12%, 10%, 6% and cash discount terms of 5/10, 2/20 and n/30.
a. Find the net price after trade discounts.
(5 marks)
b. Find the amount paid on 16 May 2018.
(5 marks)