Homework Help: Mathematics of Retailing

Posted by Michelle on Sunday, December 9, 2012 at 11:51am.

An owner of a laundry shop received an invoice for purchasing 200 bottles of liquid detergent at RM15 each, and 300 bottles of fabric softener at RM8 each. The invoice dated on 6th August 2010. He was offered trade discount 10% and 8%, with cash discount 10/10, 5/20, n/30. The owner paid the invoice on 21th August 2010.
i) Find the amount of payment on 21th August 2010.

ii) Calculate the net price for a bottle of liquid detergent.

iii) Calculate the net price for a bottle of fabric softener.

iv) Find the total markup amount if the owner wanted a 10% net profit based on cost of all items and 15% operating expenses based on cost of all items.

v) Find the selling price of a bottle of liquid detergent.

vi) Find the selling price of a bottle of fabric softener.

*thankyousomuch!*

No one has answered this question yet.

Answer this Question

Related Questions

5th Grade Math - Glenda bought z containers of laundry detergent at $9 each. She...
accounting - Can anyone help me with this? At Idaho Company checks are not ...
Grade 3 - A grocery store shelf can hold 4 large boxes of laundry detergent. The...
math - Morgan company received from Lee company an invoice dated September 27....
business math - Mel’s Furniture received an invoice dated September 27 for...
business math - Mel’s Furniture received an invoice dated September 27for ...
business and finance - Mel’s Furniture received an invoice dated September ...
capitalization - my mother always uses tide laundry detergent.
math - Supplies on invoice are 4 bottles alcohol @ 2.29 each =9.00 3 ...
Retailing - So, for my retailing project I'm supposed to write an essay ...

For Further Reading

First Name:
School Subject:
Answer: