Answer:
1.What was the net price paid by Rowly
by 5/4/2 percentage 137000 cents,138400 cents,141200 cent
2.What was the amount of trade discount
by 5/4/2 percentage 7000 cents,5600 cents,2800 cents
Step-by-step explanation:
list price= $1,400
percentage discounts=5%
4%
and
2%
we have to find net price=?
we will calculate discount one by one
5% of 1400=[tex]\frac{5}{100}[/tex]×1400
5% of 1400=70
amount of trade discount for 5 %=70 dollar
we know that
1 dollar=100 cent
we will convert dollar into cents
7o dollar=70*100=7000 cent
Net amount paid for 5% discount=1440-70=1370 dollar
1370 dollar=1370*100=137000 cent
4% of 1400=[tex]\frac{4}{100}[/tex]×1400
4% of 1400=56
amount of trade discount for 4 %=56 dollar
56 dollar=56*100=5600 cent
Net amount paid for 4% discount=1440-56=1384 dollar
1384 dollar=1384*10138400 cent
2% of 1400=[tex]\frac{2}{100}[/tex]×1400
2% of 1400=28
amount of trade discount for 2%=28 dollar
28 dollar=28*100=2800 cent
Net amount paid for 2% discount=1440-28=1412 dollars
1412 dollar=1412*100=141200 cent
