Questions from Business Mathematics

Q: At its current price of $0.80 per share,

At its current price of $0.80 per share, Golden Egg Resources stock is down 73% from its price one year ago. What was that price?

Q: Office Outlet offers a standard 7% discount on all orders and

Office Outlet offers a standard 7% discount on all orders and a special 5.5% volume discount if the purchaser orders at least 1000 units. South District High School is placing an order for pens costin...

Q: Calculate the missing values. List Price ($) = 127

Calculate the missing values. List Price ($) = 127 Discount rate (%) = ? Discount amount ($) = ? Net price ($) = 106

Q: A manufacturer of snowmobiles sells through distributors in some regions of the

A manufacturer of snowmobiles sells through distributors in some regions of the country, through wholesalers in other regions, and directly to retailers in its home province. The manufacturer gives a...

Q: Holiday Paws Kennel offers a standard 20% coupon discount, a

Holiday Paws Kennel offers a standard 20% coupon discount, a 15% multi-pet discount, and a further 10% discount for boarding pets longer than 7 days. If their daily rate for boarding is $55 per pet, h...

Q: An invoice shows a net price of $176.72 after

An invoice shows a net price of $176.72 after trade discounts of 30%, 10%, and 2% have been deducted. 1. What was the list price of the goods? 2. What single rate of trade discount would be equivalent...

Q: 1. In announcing its third-quarter results, Prime Manufacturing

1. In announcing its third-quarter results, Prime Manufacturing reported a decline in revenue of $26.43 million representing a 3.65% decrease from the second quarter. Rounded to the nearest $0.01 mill...

Q: A retailer is offered a regular discount of 25%, a further

A retailer is offered a regular discount of 25%, a further discount of 7.5% if she places an order exceeding $10,000 (at list prices), and another 5% promotional allowance (discount) for participating...

Q: A company is evaluating two mutually exclusive projects. Both require an

A company is evaluating two mutually exclusive projects. Both require an initial investment of $250,000 and have no appreciable disposal value. Their expected profits over their five-year lifetimes ar...

Q: A wholesaler lists an item for $48.75 less 20

A wholesaler lists an item for $48.75 less 20%. What additional “special promotion” discount must be offered to retailers to get the net price down to $36.66?