Calculate total trade discount and net price

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Reference no: EM132723235

Problem 1: Write short note with one word or one sentence for the following - Trade discount, Single discount, Multiple discount, Discount series or Chain discount, Single equivalent rate, Cash discount, Ordinary Dating, End of Month (E.O.M.), Receipt of Goods (R.O.G), The list price of a product is RO 37.500 per unit. The wholesaler offered a trade discount of 10%. If the retailer bought 300 units, calculate Total Trade Discount & Net Price.

Problem 2: If a product is sold at a trade discount of RO 225, ie., 30% of the list price, Calculate the list price of the product.

Reference no: EM132723235

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