Net price plus amount of trade discount equals list price.

Name: Net price plus amount of trade discount equals list price.
Brand: Quizplus
Rating: 5.0 (44 reviews)

Question

Quizplus · Accepted Answer

The list price is the original price of an item before any discounts are applied. The net price is the final price after the trade discount has been subtracted from the list price. Therefore, if you add the amount of the trade discount back to the net price, you get the original list price.

Net Price Plus Amount of Trade Discount Equals List Price