The net price equivalent rate is the complement of a trade discount series.

Name: The net price equivalent rate is the complement of a trade discount series.
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Question

Quizplus · Accepted Answer

The net price equivalent rate is the price after all discounts have been applied, while a trade discount is a series of discounts applied to the list price before any other discounts. Therefore, the net price equivalent rate is the complement of a trade discount series.

The Net Price Equivalent Rate Is the Complement of a Trade