Calculate the net price and trade discount (use net price equivalent rate and single equivalent discount rate) for the following: (Round your answers to the nearest cent.) Item Sony HD flat-screen TV List price $ 899 Chain discount 5/4 Net price Trade discount
Calculate the net price and trade discount (use net price equivalent rate and single equivalent discount rate) for the following: (Round your answers to the nearest cent.) Item Sony HD flat-screen TV List price $ 899 Chain discount 5/4 Net price Trade discount
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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Question
![3
Calculate the net price and trade discount (use net price equivalent rate and single equivalent discount rate) for the following: (Round
your answers to the nearest cent.)
62°F
Sunny
Item
Sony HD flat-screen TV
List price
$
899
T
Chain discount
5/4
O Search
Net price
OI
Trade discount
O
9:58 PM
12/17/2022](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e771853-3bab-4759-bace-ccd9c0e43697%2F9689fc80-c1bb-4843-8258-04f7e592d4ea%2Fjr2m11k_processed.png&w=3840&q=75)
Transcribed Image Text:3
Calculate the net price and trade discount (use net price equivalent rate and single equivalent discount rate) for the following: (Round
your answers to the nearest cent.)
62°F
Sunny
Item
Sony HD flat-screen TV
List price
$
899
T
Chain discount
5/4
O Search
Net price
OI
Trade discount
O
9:58 PM
12/17/2022
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