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?

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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