Answer:
Selling Price x Rate of Discount = Discount
950 x .2 = 190
Selling Price - Discount = Sale Price
950 - 190 = 760
Discount ÷ Selling Price = Rate of Discount
697.50 ÷ 1550 = 0.45 --- 45%
Original Price x Mark up rate = Mark up price
Original Price + Mark-up Price = Selling Price
950 + 190 = 1,140
Mark-up Price ÷ Original Price = Mark-up Rate
697.50 ÷ 1550 = .45 --- 45%
Total Sales x Rate of Commission = Commission
15000 x .05 = 750
Commision ÷ Rate of Interest = Total Sales
20458 ÷ .14 = 146, 128.57
Principal amount x Rate x Time = Simple Interest
25000 x 0.055 x 3.5 = 4812.5
Simple Interest ÷ (Principal amount x Time)
4200 x 4 = 16,800
252 ÷ 16800 = 0.015
0.015 x 100 = 1.5%
Lets Check ✌️
4200 x 0.015 x 4 = 252
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Answers & Comments
Answer:
Selling Price x Rate of Discount = Discount
950 x .2 = 190
Selling Price - Discount = Sale Price
950 - 190 = 760
Discount ÷ Selling Price = Rate of Discount
697.50 ÷ 1550 = 0.45 --- 45%
Original Price x Mark up rate = Mark up price
950 x .2 = 190
Original Price + Mark-up Price = Selling Price
950 + 190 = 1,140
Mark-up Price ÷ Original Price = Mark-up Rate
697.50 ÷ 1550 = .45 --- 45%
Total Sales x Rate of Commission = Commission
15000 x .05 = 750
Commision ÷ Rate of Interest = Total Sales
20458 ÷ .14 = 146, 128.57
Principal amount x Rate x Time = Simple Interest
25000 x 0.055 x 3.5 = 4812.5
Simple Interest ÷ (Principal amount x Time)
4200 x 4 = 16,800
252 ÷ 16800 = 0.015
0.015 x 100 = 1.5%
Lets Check ✌️
4200 x 0.015 x 4 = 252