Question

The list price of an item is 76.12 The supplier is offering a series trade discount of 19/13/14. Find the net cost.

Answer 1

Answer: $46.13

Explanation:

The first discount of 19% on the list price:

19% of $76.12 =0.19×76.12

19% of $76.12=0.19×76.12

The second discount of 13% on the price after the first discount:

Calculate the price after the first discount:

76.12 discount from step 1

76.12−discount from step 1

Then, find the 13% discount on this price.

The third discount of 14% on the price after the second discount:

Calculate the price after the second discount:

76.12

−

discount from step 2

76.12−discount from step 2

Then, find the 14% discount on this price.

Net cost =List price- Total discount=$76.12−$29.99=$46.13 =List price−Total discount=$76.12−$29.99=$46.13