Share
The list price on slacks is $22, and the list price on jumpers is $37. If Petit’s Clothing Store orders 30 pairs of slacks and 40 jumpers at
Question
The list price on slacks is $22, and the list price on jumpers is $37. If Petit’s Clothing Store orders 30 pairs of slacks and 40 jumpers at a discount rate of 11%, what is the trade discount on the purchase?
in progress
0
Mathematics
3 years
2021-08-30T14:24:28+00:00
2021-08-30T14:24:28+00:00 2 Answers
10 views
0
Answers ( )
Answer:
Trade discount = $235.40
Step-by-step explanation:
List price :
Slacks = 22
Jumpers = 37
Total amount before discount = (30 x 22) + ( 40 x 37)
= 660 + 1480
= 2140
Discount rate = 11%
So,
Step-by-step explanation:
Calculate the value of decimal equivalents of complements, net decimal equivalent and net price with the help of given data:
List price= $200
Trade discount series= 20/10
Calculate the decimal equivalents of complements using given formula:
Complements of successive discount = 
= 80% / 90%
Hence, decimal equivalent of complements are 80% / 90%.