Help calculating trade discount?
A furniture Store purchased a bedroom set for $1,097.25 from furniture wholesalers. The list price of the set was $1,995.00. What trade discount rate did the furniture store receive?
Public Comments
- Dear Fellow Humanoid, Please do your own homework. You have been warned. Regards, Homework Police Force.
- 100*(1995.0-1097.25)/1995.00=45%
- $1995 - 1097.25/ 19.95 = 45%
Powered by Yahoo! Answers