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- 1. Fill in the Blank
A _____________ is the amount by which the retail price of a product is reduced by the manufacturer when it is sold to the reseller or customer.
- 2. Fill in the Blank
It is a fee for a service or product before discounts are deducted or sales taxes are added.
- 3. Fill in the Blank
It is computed by dividing the trade discount and the original price.
- 4. Fill in the Blank
It is the final charge you pay for a product or service after discounts and sales taxes are computed.
- 5. Multiple Choice
Original Price: Php6,500
Trade Discount: Php1,200
Discount Rate: _________?
18%
19%
20%
28%
- 6. Multiple Choice
Trade Discount: Php500
Discount rate: 10%
List Price: _________?
Php 50, 000.00
Php 500.00
Php 1,000.00
Php 5, 000.00
- 7. Multiple Choice
Original Price: Php6,500
Trade Discount: Php1,200
Net Price: ______________?
Php 7, 700.00
Php 5, 200.00
Php 5, 300.00
Php 5, 000.00
- 8. Multiple Choice
Original Price: Php27,800
Discount rate: 35%
Discount: ___________?
Php 9, 730.00
Php 18, 070.00
Php 37, 530.00
Php 79, 428.57
- 9. Multiple Choice
Original Price: Php27,800
Discount rate: 35%
Net Price: ___________?
Php 9, 730.00
Php 18, 070.00
Php 37, 530.00
Php 79, 428.57
- 10. Multiple Choice
Original Price: Php5,000
Discount rate: 25%
Net Price: ___________?
Php 1, 250.00
Php 3, 750.00
Php 6, 250.00
Php 20, 000.00
- 11. Multiple Choice
A 65" TV originally costs ₱50 000. If it is on sale with 12% off, how much is the sale price/net price/new price?
Php 6, 000.00
Php 44, 000.00
Php 45, 000.00
Php 56, 000.00
- 12. Multiple Choice
A pair of pants originally costs ₱2 000. If it is on sale with 15% off, how much will you pay to the cashier?
Php 300.00
Php 1, 700.00
Php 1, 800.00
Php 1, 985.00
- 13. Multiple Choice
A shirt originally costs ₱999. If it is on sale with 20% off, how much will you pay to the cashier?
Php 199.8
Php 799.2
Php 979.02
Php 979.00
- 14. Multiple Choice
Joel found an oval mat cutter that he wants to purchase and use in framing pictures. It lists for PHP1,500 and has a trade discount series of 30/20/10.
Php 1,050.00
Php 840.00
Php 756.00
Php 210.00
- 15. Multiple Choice
A distributor was able to buy an item for PHP736 after a trade discount series of 15/10/4. How much was the original selling price of this item?
Php 4, 906.00
Pph 7, 360.00
Php 18, 400.00
Php 1, 002.18
- 16. Multiple Choice
John found a set of surround sound speakers for his bistro that lists for PHP6,500 and a trade discount series of 15/10/5. What is the net price that John will pay?
Php 436.05
Php 4, 723.80
Php 4, 723. 88
Php 4, 723.89
- 17. Multiple Choice
A shirt originally costs ₱500. If it is on sale with 20% off, how much is the discount price?
Php 100.00
Php 400.00
Php 350.00
Php 300.00
- 18. Multiple Choice
A pair of pants originally costs ₱2 100. If it is on sale with 10% off, how much is the discount price?
Php 210.00
Php 1, 890.00
Php 200.00
Php 1, 800.00
- 19. Multiple Choice
An item listed at Php 100 is subject to the discounts of 20%, 10% and 5%. Determine the net price.
Php 68.40
Php 61.20
Php 85.5
Php 17.1
- 20. Multiple Choice
A BBQ grill is listed for $520.75 less 10%, 5%, 2%. What is the net price?
$436.34
$436.30
$346.34
$346.30
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