the trade discount and trade discount rate.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 3MC: Which of the following numbers represents the discount percentage applied if a customer pays within...
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II. Find the trade discount and trade discount rate. Round to the nearest hundredth
percent.
Trade Discount
List Price
Net Price
Trade Discount
Rate
P 65.00
P 50.00
115.00
198.00
237.75
98.00
142.50
176.56
Transcribed Image Text:II. Find the trade discount and trade discount rate. Round to the nearest hundredth percent. Trade Discount List Price Net Price Trade Discount Rate P 65.00 P 50.00 115.00 198.00 237.75 98.00 142.50 176.56
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