Final answer:
The net price of a model NASCAR race car with a list price of $80.12 and a trade discount of 35% is calculated to be $52.08 after applying the discount.
Step-by-step explanation:
The subject of this question is Mathematics, more specifically, it pertains to percentage calculations in a business context. When you are given a list price and a trade discount, you are expected to calculate the net price after applying the discount. The list price of the model NASCAR race car is $80.12, and the trade discount is 35%. To find the net price, you need to calculate the discount amount by multiplying the list price by the trade discount percentage.
The calculation is as follows:
- Discount Amount = List Price × Trade Discount Rate
- Discount Amount = $80.12 × 0.35
- Discount Amount = $28.042
Once you have the discount amount, subtract it from the list price to get the net price:
- Net Price = List Price - Discount Amount
- Net Price = $80.12 - $28.042
- Net Price = $52.078
The net price of the NASCAR race car after applying the trade discount would be $52.08 (rounded to two decimal places).