A discount store purchased some special product at a list price of $ 6,300. If the broker gives a 30.5% trade discount rate, what is the amount of the trade discount?

Name: A discount store purchased some special product at a list price of $ 6,300. If the broker gives a 30.5% trade discount rate, what is the amount of the trade discount?
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Question

Quizplus · Accepted Answer

To calculate the trade discount, multiply the list price by the trade discount rate: $6,300 * 30.5% = $1,921.50.

A Discount Store Purchased Some Special Product at a List