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What was the trade discount rate if merchandise with a list price of $14,200 was sold at a net price of $9,940?

What was the trade discount rate if merchandise with a list price of $14,200 was sold at a net price of $9,940?
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What was the trade discount rate if merchandise with a list price of $14,200 was sold at a net price of $9,940?

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User Jpsmith
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1 Answer

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30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
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User JohanTG
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