ATARMAxxing · SACE Essential Mathematics revision notes
Discounts, GST and pricing chains
Discounts, GST and pricing chains
What this note covers
- Follow the money, not just the percentages
- Calculate discounts and reverse a quote
- Connect cost, mark-up and margin
- Audit a multistep invoice
- Interpret a quoted saving
- Solve school costing tasks cleanly
- Worked school costing: GST labels, successive reductions and an invoice audit
- Worked pricing decision: mark-up, margin and discount headroom
8 sections · 10 key terms & formulas · 6 common mistakes
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