Ask Question
30 April, 10:53

A wholesale business sells goods with a list price of $1,200 and a trade discount of 30 percent. the net price is

+4
Answers (1)
  1. 30 April, 11:15
    0
    The net price is $840

    Explanation:

    This question wants to test your ability to convert from percentage to amount, this is shown below:

    Percentage = 30% = 0.3

    List price = $1,200

    discount price = 30% of 1,200 = 0.3 * 1,200 = $360

    Therefore, net price = list price - discount = 1,200 - 360 = $840.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A wholesale business sells goods with a list price of $1,200 and a trade discount of 30 percent. the net price is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers