Problema Solution
Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the net price factor for trade discounts of 25/15/10?
Answer provided by our tutors
Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the net price factor for trade discounts of 25/15/10?
Solution:
Let original price = x
x * (85/100)(80/100)(80/100) = 2375
x = $ 4365.8088
Net price = 4365.8088(75/100)(85/100)(90/100) = $ 2504.8828