The net price on an item is $327. The list price is $855. What is the rate of trade discount?

A) 61.8%
B) 52.8%
C) 44.0%
D) 38.2%
E) 16.1%

Question

The net price on an item is $327. The list price is $855. What is the rate of trade discount?A)  61.8%B)  52.8%C)  44.0%D)  38.2%E)  16.1%

zenish neupane · Accepted Answer

Final Answer : A, Explanation :  The trade discount is calculated by subtracting the net price from the list price, then dividing by the list price and multiplying by 100 to get a percentage. So, the trade discount rate is (($855 - $327) / $855) * 100 = 61.8%.

The net price on an item is $327. The list price is $855. What is the rate of trade discount?

A) 61.8%
B) 52.8%
C) 44.0%
D) 38.2%
E) 16.1%

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