Question

In: Finance

Calculate the Net Price based on the information given below. (Round answer to 2 decimal places.)...

Calculate the Net Price based on the information given below. (Round answer to 2 decimal places.)

Item List Price Chain Discount Net Price
Sofa $1,250 10/5/5/4 $???

Solutions

Expert Solution

Particulars Amount
List price           1,250.00
Less: first dicount @10%             (125.00)
Price after first discount           1,125.00
Less: second dicount @5%               (56.25)
Price after second discount           1,068.75
Less: third dicount @5%               (53.44)
Price after third discount           1,015.31
Less: fourth dicount @4%               (40.61)
Net price              974.70

Answer is $974.70

please rate.

jeff jeffy answered 2 years ago
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