The list price of a product is $52.99. The trade discount is 8.00. The net price of this product is

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14-02-2018
Business

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The list price of a product is $52.99. The trade discount is 8.00. The net price of this product is

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naomi479xx naomi479xx · Answer 1 · 2018-02-14T09:41:01+01:00

⓵ You have to multiply the price by the trade discount pourcentage to determine the amount of the trade discount :

8% = 8 ÷ 100 = 0.08

52,99 × 0.08 = 4.2392

Which means that 8% of 52.99$ equals a trade discount of about 4.24$.

⓶ You need to subtract the trade discount amount from the selling price to determine the selling price net :

52.99 - 4.24 = 48.75$

Which means that the selling price net is → 48.75$

I really hope this helped, let me know if there’s anything! ☻