Problema Solution
Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discount of 15/20/20. What is the dollar amount of the trade discount?
Answer provided by our tutors
List price $2375
Discount 85%, 80% & 80%
Price after trade discount 2375*85%*80%*80%
= 2375*85/100*80/100*80/100
=1292
Trade discount=2375-1292=1083