Find the net price for an order of television sets with a list price of $16,000, less trade discounts of 35/20/15. Use the net price, complement method for your answer.

Question

Quizplus · Accepted Answer

To find the net price using the complement method, calculate the complements of the discounts: 0.65, 0.80, and 0.85. Multiply these complements with the list price: $16,000 * 0.65 * 0.80 * 0.85 = $7,072.

Find the Net Price for an Order of Television Sets