Answer:
the trade discount rate is 42.11%
Explanation:
The computation of the trade discount is shown below:
As we know that
List Price = Net Price ÷ trade discount rate
where,
List price is $1,425
Net price is
= $1,425 - $825
= $600
So, the trade discount rate is
$1,425 = $600 ÷ trade discount rate
= $600 ÷ $1,425
= 42.11%
Hence, the trade discount rate is 42.11%
