Rave-Up Party Store Buys Some Goods with a List Price $$12 \frac { 1 } { 4 } \%$$

question 111

Multiple Choice

Rave-Up Party Store buys some goods with a list price of $5,900. The supplier extends a $$12 \frac { 1 } { 4 } \%$$ trade discount rate. What is the amount of the trade discount?

• A) $2,675.50
• B) $3,125.65
• C) $1,103.75
• D) $722.75

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Definitions:

Spherical

Having the shape of a sphere; completely round in three dimensions.

Squamous

Describes a type of flat, thin cells that are found in tissues lining certain internal organs and on the body's surface.

Stratified Squamous Epithelium

A type of epithelial tissue composed of multiple layers of cells, with the outermost layer being flat and scale-like, serving protective functions in areas subject to abrasion.

Stratified Cuboidal Epithelium

A type of tissue composed of multiple layers of cube-shaped cells, often found in sweat glands, mammary glands, and salivary glands.