Posted by **Sandra** on Wednesday, January 24, 2007 at 7:36pm.

What is the Net price and trade discount of a (Treadmill cost $3000) with a chain discount of 9/4?

- Business math -
**lela**, Sunday, September 18, 2011 at 8:40am
List Price. $3,000

Chain Discount. 9/4

To find the Net Price, we'll first need to find the complement of each discount by subtracting each one from 100%.

100%-9%=91%

100%-4%=96%

0.91*0.96=0.8736

Net Price=3,000*0.8736

Net Price = $2,620.80

Total Discount = 3000-2620.80=$379.20

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