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    msthomas1231's Avatar
    msthomas1231 Posts: 1, Reputation: 1
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    #1

    Feb 21, 2014, 10:02 PM
    What does trade discount rate 18/15/5 mean?
    Calculate the following net price factor and net price.
    For convenience, round net price factors to five decimal places when necessary. Round the net price to the nearest cent.
    List Price Trade Discount Rate Net Price Factor Net Price
    $425.80 18/15/5 $
    jsco8737's Avatar
    jsco8737 Posts: 1, Reputation: 1
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    #2

    May 22, 2014, 10:47 AM
    Net price factor- 0.66215
    Net price-281.94
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #3

    May 23, 2014, 02:02 PM
    Quote Originally Posted by jsco8737 View Post
    Net price factor- 0.66215
    Net price-281.94
    Against site rules to do homework for posters. Help but not DO.
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