В.2 (1). Mr. Majid is a wholesaler in Mutrah market. The main items he sell in the Seeb market are Wheat, Rice and Sugar. Jasim LLC is a retailer in Barka who buys wheat, rice and sugar from Majid, in...


В.2<br>(1). Mr. Majid is a wholesaler in<br>Mutrah market. The main items he<br>sell in the Seeb market are Wheat,<br>Rice and Sugar. Jasim LLC is a<br>retailer in Barka who buys wheat, rice<br>and sugar from Majid, in whole sale<br>since ten years for the retail shop. As<br>they are in a very good trade<br>relationship Majid planned to give<br>him a trade discount of 20%, 25%<br>and 30% on wheat, rice and sugar<br>respectively. If Jasim LLC, gets<br>such a discount from Majid , they will<br>be able to sell the items in the below<br>mentioned list prices:<br>Items<br>Total list price<br>Wheat ( 500 kg) OMR 899.50<br>Rice ( 1000 kg ) OMR 1002.90<br>Sugar ( 900 kg) | OMR 999.50<br>You are required to:<br>(a) What price Jasim LLC should pay<br>to buy the Wheat to Mr. Majd, the<br>wholesaler?<br>(b) What price Jasim LLC should pay<br>to buy the Rice to Mr. Majid, the<br>wholesaler?<br>(c) What price Jasim LLC should pay<br>to buy the Sugar to Mr. Majid, the<br>wholesaler?<br>

Extracted text: В.2 (1). Mr. Majid is a wholesaler in Mutrah market. The main items he sell in the Seeb market are Wheat, Rice and Sugar. Jasim LLC is a retailer in Barka who buys wheat, rice and sugar from Majid, in whole sale since ten years for the retail shop. As they are in a very good trade relationship Majid planned to give him a trade discount of 20%, 25% and 30% on wheat, rice and sugar respectively. If Jasim LLC, gets such a discount from Majid , they will be able to sell the items in the below mentioned list prices: Items Total list price Wheat ( 500 kg) OMR 899.50 Rice ( 1000 kg ) OMR 1002.90 Sugar ( 900 kg) | OMR 999.50 You are required to: (a) What price Jasim LLC should pay to buy the Wheat to Mr. Majd, the wholesaler? (b) What price Jasim LLC should pay to buy the Rice to Mr. Majid, the wholesaler? (c) What price Jasim LLC should pay to buy the Sugar to Mr. Majid, the wholesaler?

Jun 11, 2022
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