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 of each TV would be $ 350.57.

Explanation:

Since KOFI electronics bought a shipment of TVs at a net price of $ 477.36 each, to determine the list price after discounts of 15%, 10%, and 4%, the following calculations must be performed:

100-15 = 85

477.36 x 0.85 = 405.756

100-10 = 90

405.756 x 0.9 = 365.1804

100-4 = 96

365.1804 x 0.96 = 350.573184

Thus, after the discounts were made, the list price of each TV would be $ 350.57.