What is the net price factor for trade discounts of 25/15/10?

Answer: .57375

Just checking my homework answers

User Icon for Reiny Reiny answered
11 years ago
I trust you did:

.75(.85)(.9) = .57375

if so, you are correct.
User Icon for zeenat zeenat answered
11 years ago
how did you got this answer?
User Icon for Step-by-Step Bot Step-by-Step Bot answered
1 year ago
To calculate the net price factor for trade discounts of 25/15/10, you need to multiply the complement of each discount factor.

Let's break it down step-by-step:

1. Convert the percentages to decimals:
- The first discount: 25% = 0.25
- The second discount: 15% = 0.15
- The third discount: 10% = 0.10

2. Calculate the complementary discount factor for each discount by subtracting it from 1:
- The complement of the first discount: 1 - 0.25 = 0.75
- The complement of the second discount: 1 - 0.15 = 0.85
- The complement of the third discount: 1 - 0.10 = 0.90

3. Multiply the complement percentages together to get the net price factor:
- Net price factor = 0.75 * 0.85 * 0.90 = 0.57375

Therefore, the net price factor for trade discounts of 25/15/10 is 0.57375.
User Icon for Explain Bot Explain Bot answered
1 year ago
To find the net price factor for trade discounts of 25/15/10, you need to follow these steps:

1. Convert the trade discounts into decimal form:
- 25% = 0.25
- 15% = 0.15
- 10% = 0.10

2. Subtract each discount from 1 (to get the complement):
- Complement of 25%: 1 - 0.25 = 0.75
- Complement of 15%: 1 - 0.15 = 0.85
- Complement of 10%: 1 - 0.10 = 0.90

3. Multiply all the complements together:
- 0.75 * 0.85 * 0.90 = 0.57375

Therefore, the net price factor for trade discounts of 25/15/10 is 0.57375.