Question

Hasina buys radios from nazneen at a list price of $10 each. hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. two radios were faulty and were returned to nazneen. what was the total of the credit note issued by nazneen?

Answer 1

Hasina's total credit note for the two faulty radios is $20, which includes the trade discount but excludes the cash discount.

Step-by-step explanation:

Firstly, we calculate the total cost of 12 radios without any discounts:

Cost of 12 radios = 12 × $10 = $120

Next, we apply the 20% trade discount:

Trade discount = 20% of $120 = 0.20 × $120 = $24

Subtracting the trade discount from the initial cost gives us:

Cost after trade discount = $120 - $24 = $96

Now, Hasina is also offered a 4% cash discount, but since two radios are faulty and returned, we apply the cash discount only on the remaining 10 radios:

Cost of 10 radios after trade discount = $96 - ($10 × 2) = $76

Cash discount = 4% of $76 = 0.04 × $76 = $3.04

Finally, the total cost after both discounts is:

Total cost after all discounts = $76 - $3.04 = $72.96

The credit note issued for the two faulty radios would consider the cost after the trade discount only, excluding the cash discount:

Cost of two radios after trade discount = $10 × 2 = $20

Therefore, the total of the credit note issued by Nazneen for the two faulty radios is $20.

Answer 2

The total of the credit note issued for the two faulty radios, taking into account the trade and cash discounts, is $15.36.

Step-by-step explanation:

Hasina is dealing with business transactions, specifically concerning discounts and returns. The calculation of a credit note value after applying discounts and considering returned goods is a typical high school-level mathematics problem in the business mathematics or commerce category.

To determine the total of the credit note issued by Nazneen, we first need to calculate the net price after the trade discount, and then apply the cash discount to the purchase of the 12 radios. However, since two radios are returned, we must then adjust for this by deducting the value of the two faulty radios.

Step-by-step Calculation:

Calculate the total list price for 12 radios: 12 radios × $10 each = $120.

Apply the 20% trade discount: $120 × 20% = $24. Subtract the trade discount from the total list price: $120 - $24 = $96.

Apply the 4% cash discount on the adjusted price after trade discount: $96 × 4% = $3.84. Subtract the cash discount from the post-trade discount price: $96 - $3.84 = $92.16.

Calculate the price per radio after discounts: $92.16÷12 radios = $7.68 per radio.

Determine the value of the two faulty radios to be returned: 2 faulty radios × $7.68 per radio = $15.36.

So, the total of the credit note issued by Nazneen would be $15.36 for the returned faulty radios.