Chapter 7.II, Problem 23RE

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Calculate the following trade discounts and trade discount rates. Round answers to the nearest tenth of a percent.

List Price |
Trade Discount |
Trade Discount Rate |
Net Price |

Nathan and David Beauty Salon places an order for beauty supplies from a wholesaler. The list price of the order is $2,800. If the vendor offers a trade discount of

To determine

**To calculate:** The net price if Nathan and David Beauty Sales places an order for beauty supplies from a wholesaler with a list price of

Explanation

**Given Information:**

It is given that Nathan and David Beauty Sales places an order for beauty supplies from a wholesaler with a list price of

**Formula used:**

Net price is computed as follows:

**Calculation:**

Consider the list price is

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