The store where Anna-Marie is a salesperson offers a trade discount series of 25 / 5 on any clothes bought at the store. What is the net price of a $102 sweater ? Use the net decimal equivalent to find the net price.

Question

Quizplus · Accepted Answer

The trade discount series of 25/5 means that there is a discount of 25% for the first calculation and an additional 5% for the second calculation.

Step 1: Calculate the first discount of 25%
25% of $102 = $25.50
The price after the first discount is $76.50 ($102 - $25.50)

Step 2: Calculate the second discount of 5%
5% of $76.50 = $3.83
The net price is $72.67 ($76.50 - $3.83)

The Store Where Anna-Marie Is a Salesperson Offers a Trade