posted by Anonymous .
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)
it looks like you took 3460 - 3460(.23)
another way would be to say, well, after 23% is taken off there would be 77% left
so final price = 3460(.77) = 26642