Chen con CHE Herne efi httpswwwnathalcorn student PlayerTes

Chen con CHE Herne efi & https//www.nathalcorn student PlayerTesta sp?testid=12998ssH athLab Nk 2 Pre-Qulz (Prep for Wk 3 Problem Set) Fnd the trade dicos on a cosprer due Ets for $800 if a discout rate ef S% ed The tide dis eart s

Solution

Trade discount is discount on the retail / list price of an item.

Discount rate = 5%

List price = $ 800

Therefore trade discount

= List Price * Discount rate   

100

= 800 * 5

100

= $ 40 trade discount