Question

The retail price of a product is $77.30 per square metre. Trade price is retail less 12.5%. Calculate the trade price of 5.35m of the product.

(Answer should be in $ pls)​

Answer 1

Answer: $1935.56

Explanation:

T.P=R.P-(12% of R.P)

R.P=$77.30 per 1m²

When m =5.35, m²=5.35²=28.6225

R.P= $(77.30×28.6225)

R.P=$2212.52

12.5% of R.P=0.125×$2212.52=$276.565

Therefore,

T.P = $2212.52-$276.565 = $1935.96

Note: T.P is Trade Price and R.P is Retail Price.

Hope this helps?