A dining room set lists for $1,500 and carries a trade discount of 40%. Freight charges are $150. Calculate the final price of the dining room set.

Question

Quizplus · Accepted Answer

Multiply the list price of $1,500 by 40% to get the trade discount. Subtract this amount of $600 from the list price and add in the freight of $150 to get a total final price of $1,050 [$1,500 × .4 = $600; $1,500 - $600 + $150 = $1,050].

A Dining Room Set Lists for $1,500 and Carries a Trade