List price 450. Chain discount 8/5/6 net price ? Trade discount ?
To calculate the net price, we need to apply the chain discount to the list price.
Chain discount of 8/5/6 means a series of discounts of 8%, 5%, and 6%.
First, we calculate the first discount:
8% of 450 = 0.08 x 450 = 36
Now, we calculate the second discount:
5% of (450 - 36) = 0.05 x (450 - 36) = 19.7
Finally, we calculate the third discount:
6% of (450 - 36 - 19.7) = 0.06 x (450 - 36 - 19.7) = 24.84
The net price after all discounts is:
450 - 36 - 19.7 - 24.84 = 369.46
Therefore, the net price is $369.46.
To calculate the trade discount, we need to know the trade discount rate or the trade discount amount.