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

Question
Decimals asked 2021-03-09
Calculate net price factor and net price.
Dollars list price $$\displaystyle-{435.20}\$$
Trade discount rate $$\displaystyle-{26}\%,{15}\%,{5}\%.$$

## Answers (1) 2021-03-10
Step 1
Subtract each of the trade discount rate from $$\displaystyle{100}\%$$ and then convert the answer to decimal form.
a) $$\displaystyle{100}\%-{26}\%={74}\%$$
$$= 0.74$$
b) $$\displaystyle{100}\%-{15}\%={85}\%$$
$$= 0.85$$
c) $$\displaystyle{100}\%-{5}\%={95}\%$$
$$= 0.95$$
Step 2
Compute the net price factor by multiplying all the above computed decimals together,
Net price factor $$\displaystyle={0.74}\times{0.85}\times{0.95}$$
$$= 0.59755$$
Hence, the net price factor is $$0.59755.$$
Compute the net price as follows.
$$\text{Net price}\ =\ \text{List price}\ \times\ \text{Net price factor}$$
$$\displaystyle={435.20}\times{0.59755}$$
$$= 260.05376$$
Hence, the prise is $$\displaystyle{260.05}\$$

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