A watch has a list price of \$889 and can be bought by Sterling Jewelers for a net price of \$545.75. What is the amount of the trade discount?
A watch has a list price of \$889 and can be bought by Sterling Jewelers for a net price of \$545.75. Given: List Price = \$889; Net Price = \$545.75; Formula: Net Price = List Price - Trade Discount; Trade Discount = List Price - Net Price; Trade Discount = 889 - 545.75; Trade Discount = \$343.25; Trade Discount = List Price x Trade Discount Rate; Trade Discount Rate = Trade Discount/List Price; Trade Discount Rate = 343.25/889; Trade Discount Rate = 38.61%;
Updated 3/3/2014 1:00:22 PM
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A watch has a list price of \$889 and can be bought by Sterling Jewelers for a net price of \$545.75.

Given:

List Price = \$889;
Net Price = \$545.75;

Formula:

Net Price = List Price - Trade Discount;
Trade Discount = List Price - Net Price;
Trade Discount = 889 - 545.75;

Confirmed by samn [3/4/2014 2:19:52 AM]

What percent of 954 is 610.56?
Weegy: 64% of 954 is 610.56 (More)
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Updated 2/21/2014 12:14:08 PM
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