YadrielS757398 YadrielS757398

26-10-2022
Mathematics

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The value of a 2% trade discount is $165. How much is the list price? L = $______I have solved the problem but I want to see if I’m correct

The value of a 2 trade discount is 165 How much is the list price L I have solved the problem but I want to see if Im correct class=

Respuesta :

AngelenaE65576 AngelenaE65576

26-10-2022

Step 1

Given;

Step 2

Thus;

[tex]\begin{gathered} Trade\text{ discount=rate}\times list\text{ price} \\ list\text{ price=}\frac{Trade\text{ discount}}{rate} \end{gathered}[/tex]

Thus,

[tex]list\text{ price=}\frac{165}{0.02}=\text{ \$}8250[/tex]

Answer;

[tex][/tex]

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