   Chapter 7, Problem 9CR ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# As a shortcut, we can use the net price _____ method to calculate the net price. (7-7)

To determine

To fill: The blank provided for the statement, “As a shortcut, we can use the net price _____ method to calculate the net price.”

Explanation

The net price factor can be used to compute the net price.

Consider an example,

Let, trade discounts be 20%, 9% and 8%.

Subtract the trade discounts from 100%.

 100%−20%=80%=0.80 100%−9%=91%=0.91 100%−8%=92%=0.92

Now, compute the net price factor by multiplying all the decimals together

Net price factor=0

### Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

#### The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

#### Find more solutions based on key concepts

Elementary Technical Mathematics

#### 41. Find the slope of the tangent to the curve

Mathematical Applications for the Management, Life, and Social Sciences

#### In Exercises 73-80, find the indicated limits, if they exist. 77. limxx4+1x31

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

#### Evaluate i=1n32i1.

Single Variable Calculus: Early Transcendentals

#### For 0

Study Guide for Stewart's Multivariable Calculus, 8th

#### Simplified, log3 9x3 is: 2 + 3 log3 x 6 log3 x 9 log3 x 9 + log3 x

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th 