Problema Solution

Anselmo's Engineering buys circuit boards with a list price of $32,000. If the supplier extends trade discounts of 42/32/12, what is the trade discount amount?

Answer provided by our tutors

total discount for 42/32/12  = 65.2828%

trade discount amount = 65.2928% of32,000 = $20,893.696 = $20,893.70 (rounded to nearest cents)