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Rocklin Food Services ordered 12 refrigerator units at a list price of $7,950 each. The company received a 22% trade discount, plus an additional 8% off (after the tradediscount) if the final invoice was over $70,000. What was the wholesale price paid by the company?$74,412.00$72,675.42$68,459.04$66,900.22None of these choices are correct

User VelNaga
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1 Answer

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Firs we are going to find the full price of the 12 units


7,950\cdot12=95,400

Now we are going to fimd the price with the discount of 22%, first the 22% of the full price is


22\cdot(95,400)/(100)=20,988

So with the discount of 22% the price is


95,400-20,988=74,412

Now over this price the company received another discount of 8%, so we are going to find the 8% of 74,412, and then find the final price


12\cdot(74,412)/(100)=8,929.44

So the final price is


74,412-8,929.44=65,482.56

The answer is: None of these choices are correct because the answer is 65,482.56

User Mcktimo
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8.0k points
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