What is the net price factor for trade discounts of 25/15/10?
Answer: .57375
Just checking my homework answers
I trust you did:
.75(.85)(.9) = .57375
if so, you are correct.
how did you got this answer?
To calculate the net price factor for trade discounts of 25/15/10, you need to multiply the complement of each discount factor.
Let's break it down step-by-step:
1. Convert the percentages to decimals:
- The first discount: 25% = 0.25
- The second discount: 15% = 0.15
- The third discount: 10% = 0.10
2. Calculate the complementary discount factor for each discount by subtracting it from 1:
- The complement of the first discount: 1 - 0.25 = 0.75
- The complement of the second discount: 1 - 0.15 = 0.85
- The complement of the third discount: 1 - 0.10 = 0.90
3. Multiply the complement percentages together to get the net price factor:
- Net price factor = 0.75 * 0.85 * 0.90 = 0.57375
Therefore, the net price factor for trade discounts of 25/15/10 is 0.57375.
To find the net price factor for trade discounts of 25/15/10, you need to follow these steps:
1. Convert the trade discounts into decimal form:
- 25% = 0.25
- 15% = 0.15
- 10% = 0.10
2. Subtract each discount from 1 (to get the complement):
- Complement of 25%: 1 - 0.25 = 0.75
- Complement of 15%: 1 - 0.15 = 0.85
- Complement of 10%: 1 - 0.10 = 0.90
3. Multiply all the complements together:
- 0.75 * 0.85 * 0.90 = 0.57375
Therefore, the net price factor for trade discounts of 25/15/10 is 0.57375.