Asked by Jimmy Trinh on Jul 15, 2024
Verified
The net price of an item after a discount of 22% is $155.61. What is the (dollar) amount of the discount?
Discount
A reduction applied to the regular price of goods or services, often used as a sales strategy.
Net Price
The actual price paid for a product or service after deducting any discounts, rebates, or allowances.
- Master the idea of trade discount and determine the net price along with the trade discount value.
Verified Answer
NA
Learning Objectives
- Master the idea of trade discount and determine the net price along with the trade discount value.