Calculate net price factor and net price. Dollars list price displaystyle-{435.20}$ Trade discount rate displaystyle-{26}%,{15}%,{5}%.

remolatg 2021-03-09 Answered
Calculate net price factor and net price.
Dollars list price 435.20$
Trade discount rate 26%,15%,5%.
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Expert Answer

escumantsu
Answered 2021-03-10 Author has 98 answers
Step 1
Subtract each of the trade discount rate from 100% and then convert the answer to decimal form.
a) 100%26%=74%
=0.74
b) 100%15%=85%
=0.85
c) 100%5%=95%
=0.95
Step 2
Compute the net price factor by multiplying all the above computed decimals together,
Net price factor =0.74×0.85×0.95
=0.59755
Hence, the net price factor is 0.59755.
Compute the net price as follows.
Net price = List price × Net price factor
=435.20×0.59755
=260.05376
Hence, the prise is 260.05$
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Jeffrey Jordon
Answered 2021-10-26 Author has 2064 answers

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