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Posted by on Friday, May 15, 2009 at 11:15pm.

Merchandise was purchased at list for $3,460 with a single trade discount of 23%. What
was the net price of this merchandise?
A. $4,255.80 C. $795.80
B. $2,664.20 D. $772.8

would you subtract?

answer being (B)

  • MATH - , Friday, May 15, 2009 at 11:24pm

    correct

    it looks like you took 3460 - 3460(.23)
    = 26642

    another way would be to say, well, after 23% is taken off there would be 77% left

    so final price = 3460(.77) = 26642

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