Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? (Points : 2.5)

Answer 1

Cost = $2375 * 0.85 * 0.80 * 0.80=$1292
Discount = 2375 - 1292 = $1083.