Across
- 1. Reduction in the net amount when prompt payment (within a short period of time) is made by the buyer. This is _________ discount.
- 3. The person that signs the note called as ______.
- 5. Involve more than one trade discount is ______ discount.
- 8. The selling price of a Macintosh computer is RM2900. The manufacturer offers dealers a 40% trade discount. What are the trade discount amount?
- 9. The price of an antique table is RM5000. What is the retail price and mark-up if the seller wants a 20% mark-up based on retail price
- 10. On 2 April 2012, Sharifah borrows RM8000 at 2% interest rate for three months from a lendeer who changes a discount rate of 10%. Find the bank discount if the note was discounted on 2 May 2012.
- 11. RM1000 is invested for three years. Find the interest received at the end of three years if the investment earns 8% compounded annually
Down
- 2. Involve only one trade discount is ______ discount.
- 4. Peter has different notes and have a face value of RM5000 for 60 days. The first note has a simple interest rate of 8%. What is the maturity value for each note?
- 6. Discount allowed by the seller to the buyer in case of bulk purchase. This is ______ discount.
- 7. The markdown percent on a TV set is 10%. If the new retail price is RM900, find the old retail price
- 8. Find the accumulated value of RM1000 for six months at 10% compounded continuously