Q. 5.. Compute the amount of the trade discount and the net price using the discount method. List Trade Discount Price Amount Discount 15% $845 Net Price
Q. 5.. Compute the amount of the trade discount and the net price using the discount method. List Trade Discount Price Amount Discount 15% $845 Net Price
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Transcribed Image Text:**Q. 5.** Compute the amount of the trade discount and the net price using the discount method.
| | | | |
|-----------------|-----------------|-----------------|-----------------|
| **List Price** | **Trade Discount** | **Discount Amount** | **Net Price** |
| $845 | 15% | | |
This exercise involves computing the trade discount and the net price of a product given a list price and a trade discount percentage. The list price of the item is $845 and the discount is 15%.
To find the discount amount, multiply the list price by the trade discount percentage. To find the net price, subtract the discount amount from the list price.
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