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The list price of a refrigerator is $1899. The chain discount is 20/15. What is the final net price?
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4 votes
The list price of a refrigerator is $1899. The chain discount is 20/15. What is the final net price?

User CH Ben
by
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1 Answer

4 votes
1st = 100% - 20% = 80%
2nd= 100%-15% = 85%

Net Price Factor = 0.8 x 0.85 = 0.68

Net Price = $1899 x 0.68

Final Net Price = $1,291.32

Total Discount= $1899 - 1,291.32 = $607.68


User Suborx
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8.1k points
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