Calculate the net price of goods listing for $9,900 less a trade discount rate of 2 3 % 8 to the nearest cent.

Given the list price equal to $ 9,900, trade discount equal to 2 3/8 % = 19/8 %, the net price is calculated below -

Net price factor = (100-19) / 100 x (100-8) / 100=0.81 x 0.92=0.7452

Net price of the order = $ 9,900 x 0.7452 = $ 7,377.48

To the nearest cent, the answer is $ 7.377.50