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

Question

Use the net price factor you found in the previous question to find the net price of a couch listed for $800.

Answer 1

Net price factor for 25/15/10
is 0.75*0.85*0.9=0.57375.
0.75 comes from 1-25%,
0.85 comes from 1-15%
0.9 comes from 1-10%.

The net price is
$800*0.57375=$459

Answer 2

thanks mathamte. is there anyway we could have the same person for the whole math tutor. because there are questions i don't get

Answer 3

April,

I see that you have many questions, but have yet to see efforts on your part.

I have given a complete solution for this one in the hope that it will help you solve similar problems.

If you can show some understanding of the subject matter, such as explaining what exactly you do not understand, then it will not look like you are dumping your homework on tutors to do it for you.

Also, your textbook or your teacher'm notes would be a very useful resource that you should have consulted first.

As I do not have a business math background, I am not familiar with the terms used in many of the questions, so cannot give an answer rapidly.

I hope someone else conversant in business math can give you a hand for the other problems.

Good luck.

Answer 4

Thanks

Answer 5

You're welcome!