adding the discount rate to the amount of the sale
multiply the amount of the sales by the discount rate
adding the discount rate to the amount of sale
dividing the amount of the sales rate of discount
A
multiply the amount of the sales by the discount rate
B
dividing the amount of the sales rate of discount
C
adding the discount rate to the amount of sale
D
adding the discount rate to the amount of the sale
Open in App
Solution
Verified by Toppr
Trade discount is allowed to every customer for promotion of sales. This is allowed on a certain percentage on sales.
For example, if the selling price is Rs.500 per units and a trade discount of @5%. Discount is calculated as = Sales Price* Discount rate
= Rs.500*5%
= Rs.25/- per unit
Was this answer helpful?
1
Similar Questions
Q1
A merchant discounted the sale price of a coat and the sale price of a sweater. Which of the two articles of clothing was discounted by the greater dollar amount? (1) The percent discount on the coat was 2 percentage points greater than the percent discount on the sweater. (2) Before the discounts, the sale price of the coat was $10 less than the sale price of the sweater.
View Solution
Q2
The list price of a frock is Rs. 220. A discount of 20% is announced on sales. What is the amount of discount on it.
View Solution
Q3
The cost of a light equipment is ₹14,00 and the discount amount given is ₹70.
Find the discount rate.
View Solution
Q4
The cost of a light equipment is $1400 and the discount amount given is $70.
Find the discount rate.
View Solution
Q5
Nita purchased an article marked at ₹ 2000 at a discount of 10 % . If the rate of sales tax is 15 % ; find the net amount paid by Nita for the article