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24 January, 18:56

Find the net price for an order of gift items with a list price $24,000 less trade discounts of 30/25/15. use the net price, complement method.

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  1. 24 January, 19:25
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    Price of the items = $24000

    Discounts = 30%, 25%, 15%.

    Sale amount after discount,

    100 - 30 = 70% = 0.7

    100 - 25 = 75% = 0.75

    100 - 15 = 85% = 0.85

    Multiplying we get the discount = 0.7 x0.75 x 0.85 = 0.44625

    So the net price = 0.44625 x 24000 = $10,710
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