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18 August, 18:07

Craig Milton needs to order for his company int the catalog a 20% traidor discount is offered for a price of $481.60 what is the net price

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  1. 18 August, 18:34
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    Net price = $385.28

    Step-by-step explanation:

    Trade Discount - It is the discount given by buyer to seller, as a reduction in list price, when huge (bulk) orders transactions are made.

    List price = 481.60

    Trade Discount = 20%

    So, Trade Discount = 20 / 100 (481.60) = 96.32

    Net price = List price - Trade Discount = 481.60 - 96.32 = 385.28
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