1 You are the buyer for the housewares department of the Galleria Department Store. A number of vendors in your area carry similar lines of merchandise. On sets of microwavable serving bowls, Kitchen Magic offers a list price of $500 per dozen less a 33% trade discount. Pro-Chef offers a similar set for a list price of $525 less a 47% trade discount. a. Which vendor is offering the lower net price? b. If you order 400 dozen sets of the bowls, how much money will be saved by using the lower-priced vendor? 2 calculate the following net price factor and net price. For convenience, round net price factor to five decimal places when necessary. Round the net price to the nearest cent. List Price Trade Discount Rates $428.80 16/25/5 Net Price Factor Net Price 3 Calculate the following net price factor and net price. For convenience, round net price factor to five decimal places when necessary. Round the net price to the nearest cent. List Price Trade Discount Rates $992.20 20/25/15 Net Price Factor Net Price $ 4 Calculate the following net price factor and net price. For convenience, round net price factor to five decimal places when necessary. Round the net price to the nearest cent. Net Trade Net Price Discoun Pric Facto t Rates e r List Price $.44 10/9/8 5 Calculate the following net price factor and single equivalent discount. Round to five places when necessary. Trade Discount Rates 10/15/13 Net Price Factor Single Equivalent Discount 6 alculate the following net price factor and single equivalent discount. Round to five places when necessary. Trade Discount Rates Net Price Factor Single Equivalent Discount 30/5/5 7 Complete the following table. Round the net price factor and single equivalent discount to five decimal places when necessary. Round dollar-andcent answers to the nearest cent. List Price $7,500.00 Trade Discount Rates Net Price Factor Single Equivalent Discount 25/15/5 Trade Disc $ 8 omplete the following table. Round the net price factor and single equivalent discount to five decimal places when necessary. Round dollar-andcent answers to the nearest cent. List Price $570.80 Trade Discount Rates Net Price Factor Single Equivalent Discount 5/5/15 Trade Disc $ 9 Complete the following table. Round the net price factor and single equivalent discount to five decimal places when necessary. Round dollar-andcent answers to the nearest cent. List Price $2.89 Trade Discount Rates Net Price Factor 13/20/15 10 What is the net price factor of a 25/30 series of trade discounts? Single Equivalent Discount Trade Disc $

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