Question

14 Rocky Mountain Chocolate Factory (RMCF) founder and president Frank Crail employs 220 people in 361 outlets in the United States, Canada, United Arab Emirates, Japan, and South Korea. If RMCF purchases 205 kilograms of premium dark chocolate at $16.40 per kilo, what is the net price with a 10/5 chain discount? (Do not round intermediate calculations. Round your answer to the nearest cent.) Net price 666 points References

Answer 1

Quantity = 20.5 kg

Price per kg = $16.40

Total price ( Without discount) = Quantity x Price per kg

= 20.5 x 16.40

=$336.20

First discount = 10%

= 336.20 x 10%

= $33.62

Price after first discount = Total price - First discount

= 336.20-33.62

= $302.58

Second discount = 5%

= 302.58 x 5%

= $15.13

Net Price = Price after first discount - Second discount

= 302.58-15.13

= $287.45

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Answer 2

Rocky Mountain Chocolate Factory (RMCF) founder and president Frank Crail employs 220 people in 361 outlets in the United States, Canada, United Arab Emirates, Japan, and South Korea. If RMCF purchases 30.5 kilograms of premium dark chocolate at $18.40 per kilo, what is the net price with a 10/5 chain discount