Mathematics for management

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Across
  1. 3. The avarage selling price of a running shoe is RM6000 and sales price is RM 3940 what are markdown rate
  2. 5. Mark-up formula
  3. 8. Find the present value at 10% simple interest of a debt RM 5000 due in 7 months.
  4. 9. The amount received on the date of discounting is called the ____________.
  5. 11. 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.
  6. 12. Skatebord at Skate Shop is RM 84.50. They need to markup the price 60%. What is retail price after markup
  7. 14. ______________ is not always calculated per year, it could be per month, per day or per week.
  8. 17. 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.
  9. 18. Ahmad borrowed RM300 for 4 years at a 10% interest rate. Calculate the simple interest.
  10. 20. The person that signs the note called as___________.
  11. 21. Involve only one trade discount is _________ Discount.
  12. 23. Involve more than one trade discount is __________ Discount.
Down
  1. 1. 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.
  2. 2. John borrows RM6000 from a loan shark. If John will owe RM8000 in 26 weeks, what would be the simple interest rate?
  3. 4. The selling price of a Macintosh computer is RM2900 The manufacturer offers dealers a 40% trade discount. What are the trade discount amount ?
  4. 6. Reduction in the net amount when prompt payment (within a short period of time) is made by the buyer. This is _________ discount.
  5. 7. Markdown formula
  6. 10. Interest is calculated more than once a year meaning by ______________
  7. 13. A car dealer advestises a 9% markup over cost. Find the selling price of a car that cost the dealer RM 25000
  8. 15. Compound amount function is ___________
  9. 16. Discount allowed by the seller to the buyer in case of bulk purchase. This is ________ discount.
  10. 19. The terms of discount starting from the note was discounted until the _________date.
  11. 22. 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.
  12. 24. Interest is calculated once a year meaning by ___________