Question

Dji manufactures the mavic air 2 quadcopter and offered a 5/2/1 chain discount to primary customers. drone nerds is a primary customer and ordered 20 mavic air 2s for a total s17,000 list price. what was the net price of the quadcopters? what was the trade discount amount?

Answer 1

The net price of the Mavic Air 2 quadcopters after applying the chain discount of 5/2/1 to the list price of $17,000 is $15,668.73, and the trade discount amount is $1,331.27.

Step-by-step explanation:

To calculate the net price of the quadcopters for Drone Nerds after applying the chain discount offered by Dji, we need to apply the series of discounts to the list price. The chain discount given is 5/2/1, meaning there are three successive discounts: 5%, 2%, and 1%.

First, we calculate the price after the initial 5% off:

• List Price = $17,000
• First discount = 5% of $17,000 = 0.05 × $17,000 = $850

The price after the first discount is: $17,000 - $850 = $16,150

Next, we apply the second discount of 2% to the new price:

• Second discount = 2% of $16,150 = 0.02 × $16,150 = $323

The price after the second discount is: $16,150 - $323 = $15,827

Lastly, we apply the final 1% discount:

• Final discount = 1% of $15,827 = 0.01 × $15,827 = $158.27

The net price is therefore: $15,827 - $158.27 = $15,668.73

To find the trade discount amount, we subtract the net price from the list price:

• Trade Discount Amount = List Price - Net Price = $17,000 - $15,668.73 = $1,331.27

So, the net price of the quadcopters is $15,668.73, and the trade discount amount is $1,331.27.