what is the net price factor for trade discounts of 25/15/10?
using the net price factor you found in the previous question to find the net price of a couch listed for $800.
Trade discounts are successive discounts.
The net price factor is equivalent to the net price of a $1 list price. Thus
$1*(1-0.25)(1-0.15)(1-0.10)
=0.57375
Use this factor to calculate the net price of $800 list.