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makvit [3.9K]
2 years ago
5

Calculate the net price of goods listing for $9,900 less a trade discount rate of 2 3 % 8 to the nearest cent.

Business
1 answer:
Blizzard [7]2 years ago
7 0
Given the list price equal to $ 9,900, trade discount equal to 2 3/8  % =19/8  %, the net price is calculated below - 

Net price factor = (100-19)/100  x (100-8)/100=0.81 x 0.92=0.7452 

Net price of the order = $ 9,900 x 0.7452 = $ 7,377.48
To the nearest cent, the answer is $ 7.377.50

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Answer:

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