A. Solve the following (round off 2 decimal places): 1.-H much is the discount for an item with a list price of P13,500 subject to a 15% discount? at is the net price? 2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of trade discount and the net price. 1 dinning sets 3. Two suppliers offer identical dinning sets at the same list price. However, Company A gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%, and 5%. Which is a better discount for the buyer? 4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold her notebook for P260. HO a. How much is the profit or loss? b. What is the profit/loss percent? VIC

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please answer the last 3 items asap thanks
A. Solve the following (round off 2 decimal places):
1-H much is the discount for an item with a list price of P13,500 subject to a 15%
discount? Wat is the net price?
2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of
trade discount and the net price.
dining sets at the s
3. Two suppliers offer identical dinning sets at the same list price. However, Company A
gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%,
and 5%. Which is a better discount for the buyer?
4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold
her notebook for P260.
a. How much is the profit or loss?
b. What is the profit/loss percent?
VICI
VE
Transcribed Image Text:A. Solve the following (round off 2 decimal places): 1-H much is the discount for an item with a list price of P13,500 subject to a 15% discount? Wat is the net price? 2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of trade discount and the net price. dining sets at the s 3. Two suppliers offer identical dinning sets at the same list price. However, Company A gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%, and 5%. Which is a better discount for the buyer? 4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold her notebook for P260. a. How much is the profit or loss? b. What is the profit/loss percent? VICI VE
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