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List price is $120.00 and the trade discount is 25% Find the compliment

A. 25%
B. 50%
C. 75%
D. 100%

User Aopsfan
by
7.3k points

1 Answer

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C. 75%

Step-by-step explanation:

List Price= Net Price ÷ Complement of trade discount rate

120 = (120 ×25 ÷100 = 90) ÷ x

120 = 90 ÷ x

x = 90÷120 ×100 = 75%


120 = (120 ×25 ÷100 = 90) ÷ x 120 = 90 ÷ x x = 90÷120 ×100 = 75%

Compliment = 90÷120×100 = 75%


Compliment = 90÷120×100 = 75%

Hence

Trade discount is 25% so the complement is 75% (100% -- 25%)

User Ariel Grabijas
by
8.9k points

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