Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $8,500 with trade discounts of 25/12/8.   (a) What is the net price factor?   (b) What is the single equivalent discount?   (c)What is the amount (in dollars) of the trade discount?   (d)What is the net price (in dollars) of the order?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
icon
Related questions
icon
Concept explainers
Topic Video
Question
Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $8,500 with trade discounts of 25/12/8.
 
(a) What is the net price factor?
 
(b) What is the single equivalent discount?
 
(c)What is the amount (in dollars) of the trade discount?
 
(d)What is the net price (in dollars) of the order?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College