The list price of a fan is $160. During a sale, a trade discount of 7% was offered. a. What is the amount of trade discount? Round to the nearest cent b. What is the net price of each fan? Round to the nearest cent

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter23: Basic Calculations Of Percentages, Percents, And Rates
Section: Chapter Questions
Problem 68A
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The list price of a fan is $160. During a sale, a trade discount of 7% was offered.
a. What is the amount of trade discount?
Round to the nearest cent
b. What is the net price of each fan?
Round to the nearest cent
7°C
hp
%23
Transcribed Image Text:The list price of a fan is $160. During a sale, a trade discount of 7% was offered. a. What is the amount of trade discount? Round to the nearest cent b. What is the net price of each fan? Round to the nearest cent 7°C hp %23
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