Trade and Cash:Key Terms-Formulas
•Suggested retail price, catalog price, list price: three common terms for the
price which the manufacturer suggests an item be sold to the consumer.
•Discount rate: a percent of the list price.
•Trade discount: the amount of discount that the wholesaler or retailer receives
off the list price or the difference between the list price and the net price
•Net price: the price the manufacturer or retailer pays or the list price minus the
trade discount.
. ‫ مسميات تدل على السعر المقدم من المصنع للمستهلك‬3
Suggested retail price, catalog price, list price
. ‫ بمعنى نسبة الخصم على القائمة‬.. ‫معدل الخصم بالمئة من قائمة االسعار‬
Discount rate:
‫ مقدار الخصم الذي تاجر الجملة أو تاجر التجزئة تحصل خارج الئحة األسعار أو الفرق بين قائمة األسعار وصافي‬Trade
discount
.‫السعر‬
List Price – Trade discount ‫ سعر المصنع او البائع التجزئة او عن طريق طرح‬Net price
Important rule ‫أهم القوانين‬
𝑻𝒓𝒂𝒅𝒆 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 = 𝒓𝒂𝒕𝒆 𝒙 𝒍𝒊𝒔𝒕 𝒑𝒓𝒊𝒄𝒆
𝑻𝒓𝒂𝒅𝒆 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 = 𝑳𝒊𝒔𝒕 𝑷𝒓𝒊𝒄𝒆 – 𝑵𝒆𝒕 𝑷𝒓𝒊𝒄𝒆
𝑻𝒓𝒂𝒅𝒆 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕
𝒓𝒂𝒕𝒆 =
𝒍𝒊𝒔𝒕 𝒑𝒓𝒊𝒄𝒆
𝑵𝒆𝒕 𝑷𝒓𝒊𝒄𝒆 = 𝑳𝒊𝒔𝒕 𝑷𝒓𝒊𝒄𝒆 – 𝑻𝒓𝒂𝒅𝒆 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕
𝑵𝒆𝒕 𝑷𝒓𝒊𝒄𝒆 = 𝑳𝒊𝒔𝒕 𝒑𝒓𝒊𝒄𝒆 – (𝒓𝒂𝒕𝒆 × 𝒍𝒊𝒔𝒕 𝒑𝒓𝒊𝒄𝒆)
Exercise: - Find the Trade discount for a cd player that retails at $120 and has a
Trade discount rate of 35%.
Trade discount = rate x list price
35
Trade discount = 100 × 120 = 42$ It means that the wholesaler or retailer will NOT pay $42 of
the $120 list price.
By: Ahmed Taqi
Twitter: @ahmedTaqi81
Email:[email protected]
Mob. 98099996
Example 1: - Find the net price for a laptop that retails at $860 and has a trade discount rate
of 15%.
‫ عن طريق ضرب المعدل والذي دايما‬trade discount ‫ اول شيء نحصل‬-1
list price ‫يكون نسبة مئوية مع‬
Trade discount = rate x list price
15
Trade discount = 100 × 860 = 129$
Net ‫ علشان نحصل على‬List price ‫ نطرحة من‬trade price ‫ بعد مايبنا‬-2
Price
Net Price = List Price – Trade discount
Net Price = 860 – 129 =731 $.
Example 2: -Find the net price for a laptop that retails at $430 and has a trade discount rate of
15%.
Solution:
Trade Discount = 430× 0.15 = $64.5
Net price 430 − 64.5 = $365.5
The net price using Complement of percent:Complement of percent = 100% - single trade discount rate
Net Price = list price x complement of percent
Complement of percent ‫في مسائل يطلب منك استخدام‬
‫نستخدم قانون‬
Complement of percent = 100% - single trade discount
Net Price = list price x
𝑐𝑜𝑚𝑝𝑙𝑒𝑚𝑒𝑛𝑡 𝑜𝑓 𝑝𝑒𝑟𝑐𝑒𝑛𝑡
100
Net Price ‫اذا نكتشف االن ان هناك طريقتين الستخراج الـ‬
Complement of percent ‫ اذا ما طلب استخدام‬trade mark ‫ باستخدام‬-1
. ‫ وهذي الطريقة ممكن نستخدمها بشكل عام ان طلب او لم يطلب‬Complement of percent ‫ استخدام‬-2
By: Ahmed Taqi
Twitter: @ahmedTaqi81
Email:[email protected]
Mob. 98099996
Example: Find the net price of a coffee maker that lists for $50 and has a trade
discount rate of 35%.
Solution:
Complement of percent = 100% - single trade discount rate
Complement of percent = 100 – 35 =65%
Net Price = list price x complement of percent
65
Net Price = 50 x
= 32.5$
100
If the item has three discounts of 20%, 10%, and 5%, can you add them together
and apply 35% discount?
The answer is NO , you will do it series .
Example 2: - An item lists for $400 and
has a discount of 20% ,10%, 5% Find the Net
‫اذا عطاك نسب مختلفة للخصومات على نفس المبلغ بشكل متوالي‬
‫يتم الخصم بشكل منفرد بعملية منفصلة‬
Price
1Trade discount = $400 × 0.2 = $80
Net Price = $400 − $80 = $320
An additional discount of 10% is taken on
the previous price
‫مثال‬
Trade discount = $400 × 0.2 = $80
Net Price = $400 − $80 = $320
‫ الناتج وتتم عليه العملية من جديد‬net price ‫ويتم استخدام‬
‫على المبلغ الجديد‬
Complement of percent ‫األفضل استخدام‬
2Trade discount = $320 × 0.1 = $32
Net Price = $320 − $32 = $288
Complement of percent of 20% = 100-20 =80/100 =0.8
An additional discount of 5% is taken on
the previous price.
Complement of percent of 20% = 100-5 =95/100 =0.95
Complement of percent of 10% = 100-10 =90/100 =0.9
3Trade discount = $288 × 0.05 = $14.40
Net Price= $288 − $14.40 = $273.60
Other solution:
For the best way, we use the complement of
percent and multiply together.
𝑎 − 100% − 20% = 80%
𝑏 − 100% − 10% = 80%
𝑐 − 100% − 5% = 80%
‫ ثم يتم ضرب الناتج للثالثة‬, ‫ثم نأتي بمضروبهم (لكل نسبة بروحها‬
)‫نسب‬
Net decimal equivalent = 0.8 x 0.9 x 0.95 = 0.684
‫ عن طريق ضربه بمـــضروب النسب‬Net Price ‫ويتم استخراج‬
Complement of percent (Net decimal
𝟖𝟎
𝟗𝟎
𝟗𝟓
equivalent) =
𝒙
𝒙
= 0.684
𝟏𝟎𝟎
𝟏𝟎𝟎
𝟏𝟎𝟎
By: Ahmed Taqi
Net Price = 0.684 x 400$ = 273.6$
Twitter: @ahmedTaqi81
Email:[email protected]
Mob. 98099996
Net Price = Net decimal equivalent × list price
Example: A dress shirt lists for $125 and has a trade discount series of 15, 10, and 7.5. Find the
Net price
Complement of percent
𝑎 − 100% − 15% = 85%
𝑏 − 100% − 10% = 90%
𝑐 − 100% − 7.5% = 92.5%
𝐶𝑜𝑚𝑝𝑙𝑒𝑚𝑒𝑛𝑡 𝑜𝑓 𝑝𝑒𝑟𝑐𝑒𝑛𝑡 (𝑁𝑒𝑡 𝑑𝑒𝑐𝑖𝑚𝑎𝑙 𝑒𝑞𝑢𝑖𝑣𝑎𝑙𝑒𝑛𝑡) =
𝟖𝟓
𝟗𝟎
𝟗𝟐. 𝟓
𝒙
𝒙
= 𝟎. 𝟕𝟎𝟕𝟔𝟐𝟓
𝟏𝟎𝟎 𝟏𝟎𝟎
𝟏𝟎𝟎
Net Price = 0.707625 x 125$ = 88.45 $
Solve :
1- A company orders $12,000 of office supplies. The series discount offered by
the seller is 10%, 7% and 2.5%. Find the net price.
2- A company orders $30,000 of office supplies. The series percentage discount
offered by the seller is 15%, 17.75% and 5%. Find the single equivalent
discount rate.
3- Find the net price for an iPhone that retails at $550 and has a trade
discount rate of 30%. Without use complement of percent.
By: Ahmed Taqi
Twitter: @ahmedTaqi81
Email:[email protected]
Mob. 98099996