The trade discount amount is equal to:
A) the list price times the trade discount rate
B) the list price divided by the trade discount rate
C) the list price minus the trade discount rate
D) the net price times the trade discount rate
Correct Answer:
Verified
Q54: Merchandise with a net price of $1,400.00
Q55: The complement of 32 percent is:
A) 53%
B)
Q56: A trade discount increases the purchase price.
Q57: The net decimal equivalent of 25 /
Q58: A discount is an amount of money
Q60: Another term for suggested retail price is
Q61: The difference between the list price and
Q62: The single discount equivalent is the:
A) complement
Q63: The complement of 30% is 100%.
Q64: An invoice dated May 18 received by
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