Question

Calculate the net price for 50 boxes of computer paper if the unit price is $12.35 and a single trade discount rate of 10% is allowed

Answer 1

price of 50 boxes before the single discount rate:

50*$12.35=$617.5

discount rate 10% = reduction

decrease 10% =1-(10/100)= 0.90

price to pay after the 10% discount:

617.5*0.9=$555.75