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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)

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

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CORRECTION:

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

Discount = 2375 - 1292 = \$1083.

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