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Rave-Up Party Store Buys Some Goods with a List Price 1214%12 \frac { 1 } { 4 } \%

Question 17

Multiple Choice

Rave-Up Party Store buys some goods with a list price of $5,900. The supplier extends a 1214%12 \frac { 1 } { 4 } \% trade discount rate. What is the amount of the trade discount?


A) $2,675.50
B) $3,125.65
C) $1,103.75
D) $722.75

Correct Answer:

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