(Answered) In the month of june triem used 2500 units of electricity

Economics

In the month of June, Triem used 2,500 units of electricity at £0.09 per unit, plus a further 1,400 units at £0.05 per unit. In addition, she paid a standing charge. The total of the electricity bill for March was £319.

(a) Calculate the standing charge.

(b) Taking into account the cost of units and the standing charge, calculate the average cost per unit used.

Chres bought 120 packs from Triem at £4.98 per pack. Triem issued an invoice for these items and allowed a trade discount of £25.

(d) Calculate

(i) the percentage discount allowed

(ii) the final total on the invoice.

Triem offered a further discount of 2¼% on the final invoice total for payment within 14 days.

Chres pays within 14 days.

(e) Calculate the amount of this discount.

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