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March 30, 2017

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Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? (Points : 2.5)

  • math - ,

    Discount = 2375*0.15*0.20*0.20 = $14.25

  • math - ,

    CORRECTION:

    Cost = 2375*0.85*0.80*0.80 = $1292.

    Discount = 2375 - 1292 = $1083.

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