Question

A bedroom set lists for $12,000 and carries a trade discount of 30 percent. Freight (FOB shipping point) of $150 is not part of list price. Calculate the delivered price of the bedroom set including the freight. Assume a cash discount of 2 percent:

Answer 1

$12,000 * 0.30 = $3,600 ( a trade discount )
$12,000 - $3,600 = $8,400
With a cash discount:
$8,400 * 0.98 = $8,232
Including the freight:
$8,232 + $150= $8,382
Answer:
The delivered price is $8,382.