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 dollar amount of the trade discount? (Points : 2.5)
Answer provided by our tutors
List price is $2,375
Discount is 85%, 80% and %80
Price = 2375*85%*80%*80%
Price = 2379 * 0.85 * 0.80 * 0.80
Price = 1,292.176
Trade discount = List price - Price
Trade discount = 2,375 - 1,292.176
Trade discount = $1,082.824