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The list price of a bicycle tire is $28 and the trade-discount rate is 15%. Find the net price to the nearest cent, using the complement method.

User DWolf
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2 Answers

5 votes
32.94$ is the answer to your question hope this helps
User Vit Bernatik
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Answer: The net price to the nearest cent is $23.80.

Explanation:

Since we have given that

List price of a bicycle = $28

Rate of trade discount = 15%

So, Amount of trade discount would be


(15)/(100)* 28\\\\=\$4.20

So, Amount after discount, it would be


\$28-\$4.20\\\\=\$23.8

Hence, the net price to the nearest cent is $23.80.

User Jose Basilio
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