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5 votes
Rave-up party store buys some goods with a list price of $5,900. the supplier extends a 12 1/4%trade discount rate. What is the amount of the trade discount?

a. $2,675.50
b. $3,125.65
c. $1,103.75
d. $722.75

User Ulrike
by
5.7k points

1 Answer

3 votes

Answer:

$722.75

Explanation:

Discount = original price × % discount

= $5900.00 × 0.1225

= $ 722.75

User Kozlovda
by
4.9k points
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