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

Discount = 2375*0.15*0.20*0.20 = $14.25

Answer 2

CORRECTION:

Cost = 2375*0.85*0.80*0.80 = $1292.

Discount = 2375 - 1292 = $1083.