Question

kofi electronics bought a shipment of Tvs at a net price of $477.36 each, after discounts of 15%,10% and 4%. what is the list price?​

Answer 1

The list price is of $650.

Explanation:

Multipliers:

For a decrease of a%, we multiply by:
`(100-a)/(100)`

List price: x

Discounts:

15%:

`(100-15)/(100) = (85)/(100) = 0.85`

10%:

`(100-10)/(100) = (90)/(100) = 0.9`

4%

`(100-4)/(100) = (96)/(100) = 0.96`

This means that x is multiplied by 0.85, 0.9 and 0.96.

Net price of $477.36. What is the list price?

So

`0.85*0.9*0.96x = 477.36`

`x = (477.36)/(0.85*0.9*0.96)`

`x = 650`

The list price is of $650.