Calculate the net price of goods listing for $9,900 less a trade discount rate of 2 3 % 8 to the nearest cent.

Respuesta :

Given the list price equal to $ 9,900, trade discount equal to 2 3/8  % =19/8  %, the net price is calculated below - 

Net price factor = (100-19)/100  x (100-8)/100=0.81 x 0.92=0.7452 

Net price of the order = $ 9,900 x 0.7452 = $ 7,377.48
To the nearest cent, the answer is $ 7.377.50

Answer:

9664.875 ~ 9664.88

Explanation:

2 and 3/8 = 19/8

(19/8)/100 *9900 = 235.125

9900 - 235.125 = 9664.88