Across
- 3. The selling price of a Macintosh computer is RM2900 The manufacturer offers dealers a 40% trade discount. What are the trade discount amount ?
- 4. The person that signs the note called as___________.
- 5. The avarage selling price of a running shoe is RM6000 and sales price is RM 3940 what are markdown rate
- 6. Compound amount function is ___________
- 7. Ahmad borrowed RM300 for 4 years at a 10% interest rate. Calculate the simple interest.
- 10. A car dealer advestises a 9% markup over cost. Find the selling price of a car that cost the dealer RM 25000
- 11. The terms of discount starting from the note was discounted until the _________date.
- 12. Skatebord at Skate Shop is RM 84.50. They need to markup the price 60%. What is retail price after markup
- 14. Marie buys a laptop by obtaining a simple interest loan. The cost of the laptop is RM3000 and the interest rate on the loan is 3%. The loan must be paid for 2 years 2 months, calculate the total amount that Marie needs to pay.
- 15. On 2 April 2012, Sharifah borrows RM8000 at 2% interest rate for three months from a lender who charges a discount rate of 10%. Find the bank discount if the note was discounted on 2 May 2012.
- 16. Reduction in the net amount when prompt payment (within a short period of time) is made by the buyer. This is _________ discount.
- 19. Interest is calculated more than once a year meaning by ______________
- 20. John borrows RM6000 from a loan shark. If John will owe RM8000 in 26 weeks, what would be the simple interest rate?
- 21. Involve more than one trade discount is __________ Discount.
Down
- 1. Interest is calculated once a year meaning by ___________
- 2. RM15000 is invested for 5 years 3 months in a bank earning a simple interest rate of 11% per annum. Find the simple amount at the end of the investment period.
- 8. Bank discounts a RM 4000 note due in six months using a bank discount rate of 12%. Find the equivalent simple interest rate that is charged by the bank.
- 9. ______________ is not always calculated per year, it could be per month, per day or per week.
- 12. Find the present value at 10% simple interest of a debt RM 5000 due in 7 months.
- 13. The amount received on the date of discounting is called the ____________.
- 14. Mark-up formula
- 17. Involve only one trade discount is _________ Discount.
- 18. Discount allowed by the seller to the buyer in case of bulk purchase. This is ________ discount.
- 21. Markdown formula