Asked by Primy Safari on May 13, 2024
Verified
A 28% trade discount on a personal video recorder represents a discount of $136.92 from the suggested retail price. What is the net price to the buyer?
Trade Discount
A reduction in the listed price of goods or services offered by a vendor to buyers in the same trade.
Personal Video Recorder
An electronic device or software application that records video in a digital format to a disk drive or other memory medium within a device.
Suggested Retail Price
The price that manufacturers recommend retailers to sell their products for to consumers.
- Comprehend the principle of trade discount and compute both the net price and the amount of trade discount.
Verified Answer
CM
Learning Objectives
- Comprehend the principle of trade discount and compute both the net price and the amount of trade discount.