The Dog Shop orders special powders and oils with a list price of . The supplier
extends a trade discount. What is the net price?

Question

The Dog Shop orders special powders and oils with a list price of $$ \$ 1,500 $$. The supplier extends a $$ 4 \% $$ trade discount. What is the net price?

UpStudy AI · Accepted Answer

To calculate the **net price** after applying a trade discount, follow these steps:

1. **Determine the List Price:**
   $$
   \text{List Price} = \$1,500
   $$

2. **Calculate the Trade Discount:**
   $$
   \text{Trade Discount} = \text{List Price} \times \text{Discount Rate} = \$1,500 \times 4\% = \$1,500 \times 0.04 = \$60
   $$

3. **Subtract the Trade Discount from the List Price to Find the Net Price:**
   $$
   \text{Net Price} = \text{List Price} - \text{Trade Discount} = \$1,500 - \$60 = \$1,440
   $$

**Final Answer:** The net price is **\$1,440**.
The net price is \$1,440.

The Dog Shop orders special powders and oils with a list price of . The supplier
extends a trade discount. What is the net price?

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The Dog Shop orders special powders and oils with a list price of . The supplier extends a trade discount. What is the net price?

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The Dog Shop orders special powders and oils with a list price of . The supplier
extends a trade discount. What is the net price?