ORIGINAL PRICE TRADE DISCOUNT DISCOUNT RATE DISCOUNTED PRICE Phn6 500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete the table
JLE
Oper with Google Docs
Solve each of the following problems.
1. Complete the table.
ORIGINAL PRICE
TRADE DISCOUNT
DISCOUNT RATE
DISCOUNTED
PRICE
Php6,500
Php1,200
Php500
10%
Php2,100
Php5,600
Php27,000
35%
2. How much is the selling price of a double-burner gas stove listed at Php2,650.00 if a
discount of 15% is given to the customer?
3. A house and lot with original price of Php2.300,000.00 was sold at a discounted price
of Php2,150,000. What was the discount rate given to the buyer?
4. A rice cooker, after a 20% discount, was sold to a customer at a price of Php790.00.
What is the original price Page e 12 e/cc33ker?-
Q +
5. During a clearance sale a nolo chirt originon
Transcribed Image Text:JLE Oper with Google Docs Solve each of the following problems. 1. Complete the table. ORIGINAL PRICE TRADE DISCOUNT DISCOUNT RATE DISCOUNTED PRICE Php6,500 Php1,200 Php500 10% Php2,100 Php5,600 Php27,000 35% 2. How much is the selling price of a double-burner gas stove listed at Php2,650.00 if a discount of 15% is given to the customer? 3. A house and lot with original price of Php2.300,000.00 was sold at a discounted price of Php2,150,000. What was the discount rate given to the buyer? 4. A rice cooker, after a 20% discount, was sold to a customer at a price of Php790.00. What is the original price Page e 12 e/cc33ker?- Q + 5. During a clearance sale a nolo chirt originon
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