Question

The list price for a window is $220. Net price is $160. What is the trade discount rate?

Answer 1

220-220r=160
Solve for r to get the discount rate
r=0.2727
r=0.2727×100
r=27.27%

Check
220−220×0.2727
=160

Answer 2

Trade Discount Rate of the window is 27.27 %

Explanation:

Given:

List Price = $ 220

Net Price = $ 160

To find: Trade Discount Rate

Trade Discount amount = 220- 160

= $ 60

Trade Discount rate =
`(60)/(220)*100`

=
`(600)/(22)`

=
`27.27`

Therefore, Trade Discount Rate of the window is 27.27 %