business-math ¬ Chapter 7^.^^.pptx
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This document contains information about calculating trade discounts, including: - Single trade discounts are calculated using formulas to find the trade discount amount and net price given the list price and trade discount rate. - Chain discounts use the net price equivalent rate and single equivalent discount rate to calculate the net price and trade discount amount from the list price when multiple discount rates are given. - Examples are provided to demonstrate calculating single and chain trade discounts along with finding the list price when the net price and trade discount rate are known.
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Agenda
● What is event processing in MuleSoft?
● Types of event processing models in Mule 4
● Distinction between the reactive, parallel, blocking & non-blocking processing
For Upcoming Meetups Join Mysore Meetup Group - https://meetups.mulesoft.com/mysore/YouTube:- youtube.com/@mulesoftmysore
Mysore WhatsApp group:- https://chat.whatsapp.com/EhqtHtCC75vCAX7gaO842N
Speaker:-
Shivani Yasaswi - https://www.linkedin.com/in/shivaniyasaswi/
Organizers:-
Shubham Chaurasia - https://www.linkedin.com/in/shubhamchaurasia1/
Giridhar Meka - https://www.linkedin.com/in/giridharmeka
Priya Shaw - https://www.linkedin.com/in/priya-shaw
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- 2. GROUP 3 — BACC29 - A
- 3. 1- Abdi Qafar Ahmed Jama 2- Abdirahman Ali 3- Hafsa Abdiaziz Mohamed 4- Aisha Mohamed Ahmed 5- Aisha Abdulkadir 6- Feisal Mohamed 7- Yasir Mohamed Group Names
- 4. Chapter 7- Discounts: Trade and Cash
- 5. 1- Trade Discounts- Single and Chain [ includes Discussion of Freight] . - Calculating single trade discounts with formulas and Complements. - Finding list price when net price and trade discount rate are Known. - Calculating chain discounts with the net price equivalent rate and single equivalent discount rate. Learning Objectives
- 6. Calculating single trade with formulas and complements Formulas for: Trade Discount Amount and Net Price. Trade Discount Amount = List Price X Trade Discount Rate or TDA = LP X TDR Net price = List price – Trade discount amount or NP = LP -- TDA
- 7. Single Trade Discount Examples 1- The list price of a dining room set with a 30% trade discount is $16,000. What are the trade discount amount and net price? (Use the complement method for net price.) 2- The list price of a smartphone is $299. A local Verizon dealer receives a trade discount of 20%. Find the trade discount amount and the net price?
- 8. Solution 1- Given L- $16,000 CTDR= 100-30% = 70% TDA= L X CTDR TDR- 30%¬ 0.3 70% ¬ 0.7 = $16,000 X 0.7 TDA¬? = $11,200 NP¬? Np = L – TDA = $16,000 – 11,200 = $ 4,800 2- Given L- $299 TDA= L X TDR TDR- 20%¬ 0.2 = $299 X 0.2 TDA ¬? = $59.8 NP¬?
- 9. Formula : List Price = Net price . Complement of trade discount rate Example 1- The net price of a video system with a 20%trade discount is $400.What is the list price? Finding list price when net price and trade discount rate are Known.
- 10. 2- A local Barnes and Noble paid a $79.99 net price for each calculus textbook. The publisher offered a 40% trade discount. What was the publisher's list price? Cont…
- 11. 1- Given NP- $4,000 CTDR= 100 ¬ 20% LP= NP ` TDR- 20%¬ 0.2 = 80% ¬ 0.8 CTDR LP ¬? = $400 ` 0.8 = $500 2- Given NP- $79.99 CTDR= 100¬ 40% LP= NP ` TDR- 40%¬ 0.4 = 60%¬ 0.6 CTDR LP¬¬? = $79.99 ` 0.6 = $133.31 Solution
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- 14. 1- Lamps Outlet bought a shipment of lamps from a wholesaler. The total list price was $20,000 with a 8/20/25 chain discount. Calculate the net price and trade discount amount. (Use the net price equivalent rate and single equivalent discount rate in your calculation.) TEST
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