Problema Solution
1. Owel Alvero sent a check to Metro Drug Corporation in payment for an invoice amounting to P21,400. What was the list price of the invoice if the discounts were 5% and 2 %?
Answer provided by our tutors
the list price after 5% discount will 100%-5%=95% ..so 21 400* 0,95 = 20330
and list price after 2% discount will 100%-2%=98%..so 21 400*0,98 = 20972