A flower shop buys roses with a list price of $1,500. If the wholesaler offers trade discounts of , find the trade discount amount to the nearest penny
912.21
It would help if you proofread your questions before you posted them.
What discounts?
25.04
To find the trade discount amount, you need to know the rate of the trade discount given by the wholesaler. Unfortunately, your question does not provide the trade discount rate.
However, once you have the trade discount rate, you can calculate the trade discount amount using the formula:
Trade Discount Amount = List Price x Trade Discount Rate
Let's assume the trade discount rate is 20%. You can calculate the trade discount amount as follows:
Trade Discount Amount = $1,500 x 0.20 = $300
Therefore, with a trade discount rate of 20%, the trade discount amount would be $300.