John receives an invoice for the purchase of 40 batteries for 𝑅𝑀 8,440 on 31 March
2019. Trade discounts are 5 % and 3 % and the cash discount terms
are 8/10, 5/30, 𝑛/60. He pays the invoice on 19 April 2019. He plans to sell the
batteries by allowing 10 % of the cost for operating expenses and 28 % of the selling
price for net profit.
Calculate the payment on 19 April 2019.
ii. Determine the selling price for each battery.
1 answer
eighteen months ago, a sum money of money was invested. Now the investment is worth RM 10 900. If the investment is extended for another 20 months, it will become RM 11 900. Find the original and simple interest rate that was offered
2 answers