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July 7, 2015

Homework Help: Math!

Posted by Tharaka! on Saturday, February 13, 2010 at 4:41pm.

DigiCom has decided to purchase products with a list price of $503.60 and a trade discount of 40%.

What is the amount of discount on the products?

A, discount amnt d, discount rate
L, list price

A=dL
A=(.40)(503.60)
A=201.44


What is the net price of the products?

N=L(1-d)
N=503.60(1-.40)
N=302.16


is it correct?

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