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A trade discount of 22.5% from the suggested selling price for a line of personal computers translates to a $337.05 discount.What net price will a retailer pay? (Round your answer to 2 decimal places.)Net price           $

Question

A trade discount of 22.5% from the suggested selling price for a line of personal computers translates to a 337.05discount.Whatnetpricewillaretailerpay?(Roundyouranswerto2decimalplaces.)Netprice         337.05 discount.What net price will a retailer pay? (Round your answer to 2 decimal places.)Net price           

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Solution

To find the net price that a retailer will pay, we first need to determine the original price of the personal computers before the trade discount was applied.

Step 1: Understand that the trade discount of $337.05 represents 22.5% of the original price.

Step 2: To find the original price, we can set up the equation:

0.225 * Original Price = $337.05

Step 3: Solve for the Original Price by dividing $337.05 by 0.225.

Original Price = 337.05/0.225=337.05 / 0.225 = 1498

Step 4: To find the net price, subtract the trade discount from the original price.

Net Price = Original Price - Trade Discount Net Price = 14981498 - 337.05 = $1160.95

So, the retailer will pay approximately $1160.95 for the personal computers.

This problem has been solved

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