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A model nascar race car lists for $80.12 with a trade discount of 35%. What is the net price of the car?

User Asaf R
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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).

User Yaron Naveh
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