A Retailer Is Offered a Regular Discount of 25%, a Further

question 263

Short Answer

A retailer is offered a regular discount of 25%, a further discount of 7.5% if she places an order exceeding $10,000 (at list prices), and another 5% promotional allowance (discount) for participating in a joint promotion with the distributor.
a) If the retailer is eligible for all three discounts, what will be the net price of an order totalling $11,500?
b) What is the dollar amount of the saving from the quantity discount (assuming that she does not participate in the joint promotion)?
c) What is the dollar amount of the promotional allowance?

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Definitions:

Agency Adoptions

Adoptions arranged and facilitated by a licensed organization rather than by private agreement between the adoptive parents and the child’s biological parents.

Kept Confidential

Information or data that is protected from being disclosed to unauthorized individuals or parties.

Video Games

Video games refer to electronic games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device.

Basic Need

Essential requirements for human survival and well-being, such as food, shelter, and clothing.