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Math
Advanced MathContemporary Mathematics for Business & Consumers8th Edition

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Chapter 7.II, Problem 25RE
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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

Solutions

Chapter
Section
Problem 3TIE
Problem 4TIE
Problem 5TIE
Problem 1RE
Problem 2RE
Problem 3RE
Problem 4RE
Problem 5RE
Problem 6RE
Problem 7RE
Problem 8RE
Problem 9RE
Problem 10RE
Problem 11RE
Problem 12RE
Problem 13RE
Problem 14RE
Problem 15RE
Problem 16RE
Problem 17RE
Problem 18RE
Problem 19RE
Problem 20RE
Problem 21RE
Problem 22RE
Problem 23RE
Problem 24RE
Problem 25RE
Problem 26RE
Problem 27RE
BuyFindarrow_forward

Contemporary Mathematics for Busin...

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

Nutrition Central pays $11.90 net price for a bottle of 60 multivitamins. The price represents a 30% trade discount from the manufacturer. What is the list price of the vitamins?

To determine

To calculate: The list price of vitamins, if Neutral Central pays a net price of $11.90 for a bottle of 60 multivitamins, also the price shows a trade discount rate of 30% from the manufacturer.

Explanation

Given Information:

It is also given that neutral central pays a net price of $11.90 for a bottle of 60 multivitamins. The price shows a trade discount rate of 30% from the manufacturer.

Formula used:

The net price is computed by the formula:

Net Price=List Price×(100%−Trade discount rate)

Rewrite the formula to compute the list price

List price=Net price(100%−Trade discount rate)

Calculation:

Consider that the net price is $11.90 and trade discount rate is 30%.

Compute the list price by substituting net price to $11

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Chapter 7.II,
Problem 24RE
Chapter 7.II,
Problem 26RE
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Sect-7.I P-1TIESect-7.I P-2TIESect-7.I P-1RESect-7.I P-2RESect-7.I P-3RESect-7.I P-4RESect-7.I P-5RESect-7.I P-6RESect-7.I P-7RESect-7.I P-8RE
Sect-7.I P-9RESect-7.I P-10RESect-7.I P-11RESect-7.I P-12RESect-7.I P-13RESect-7.I P-14RESect-7.I P-15RESect-7.I P-16RESect-7.I P-17RESect-7.I P-18RESect-7.I P-19RESect-7.I P-20RESect-7.I P-21RESect-7.I P-22RESect-7.II P-3TIESect-7.II P-4TIESect-7.II P-5TIESect-7.II P-1RESect-7.II P-2RESect-7.II P-3RESect-7.II P-4RESect-7.II P-5RESect-7.II P-6RESect-7.II P-7RESect-7.II P-8RESect-7.II P-9RESect-7.II P-10RESect-7.II P-11RESect-7.II P-12RESect-7.II P-13RESect-7.II P-14RESect-7.II P-15RESect-7.II P-16RESect-7.II P-17RESect-7.II P-18RESect-7.II P-19RESect-7.II P-20RESect-7.II P-21RESect-7.II P-22RESect-7.II P-23RESect-7.II P-24RESect-7.II P-25RESect-7.II P-26RESect-7.III P-6TIESect-7.III P-7TIESect-7.III P-8TIESect-7.III P-1RESect-7.III P-2RESect-7.III P-3RESect-7.III P-4RESect-7.III P-5RESect-7.III P-6RESect-7.III P-7RESect-7.III P-8RESect-7.III P-9RESect-7.III P-10RESect-7.III P-11RESect-7.III P-12RESect-7.III P-13RESect-7.III P-14RESect-7.III P-15RESect-7.III P-16RESect-7.III P-17RESect-7.III P-18RESect-7.III P-19RESect-7.III P-20RESect-7.III P-21RESect-7.III P-22RESect-7.III P-23RESect-7.III P-24RESect-7.III P-25RESect-7.III P-26RESect-7.III P-27RESect-7.IV P-9TIESect-7.IV P-10TIESect-7.IV P-11TIESect-7.IV P-12TIESect-7.IV P-13TIESect-7.IV P-14TIESect-7.IV P-15TIESect-7.IV P-1RESect-7.IV P-2RESect-7.IV P-3RESect-7.IV P-4RESect-7.IV P-5RESect-7.IV P-6RESect-7.IV P-7RESect-7.IV P-8RESect-7.IV P-9RESect-7.IV P-10RESect-7.IV P-11RESect-7.IV P-12RESect-7.IV P-13RESect-7.IV P-14RESect-7.IV P-15RESect-7.IV P-16RESect-7.IV P-17RESect-7.IV P-18RESect-7.IV P-19RESect-7.IV P-20RESect-7.IV P-21RESect-7.IV P-22RESect-7.IV P-23RESect-7.IV P-24RESect-7.IV P-25RESect-7.IV P-26RECh-7 P-1CRCh-7 P-2CRCh-7 P-3CRCh-7 P-4CRCh-7 P-5CRCh-7 P-6CRCh-7 P-7CRCh-7 P-8CRCh-7 P-9CRCh-7 P-10CRCh-7 P-11CRCh-7 P-12CRCh-7 P-13CRCh-7 P-14CRCh-7 P-1ATCh-7 P-2ATCh-7 P-3ATCh-7 P-4ATCh-7 P-5ATCh-7 P-6ATCh-7 P-7ATCh-7 P-8ATCh-7 P-9ATCh-7 P-10ATCh-7 P-11ATCh-7 P-12ATCh-7 P-13ATCh-7 P-14ATCh-7 P-15ATCh-7 P-16ATCh-7 P-17ATCh-7 P-18ATCh-7 P-19ATCh-7 P-20ATCh-7 P-21AT

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