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?

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Ladonna 3 years 2021-08-30T14:24:28+00:00 2 Answers 10 views 0

Answers ( )

  1. Euphemia
    0
    2021-08-30T14:25:41+00:00
    Reply

    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,

      Discount \ price = 11 \% \ of \ 2140\\\\Discount \ price = \frac{11}{100} \times 2140 = 235.40

  2. diemkieu
    0
    2021-08-30T14:26:19+00:00
    Reply

    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%.

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