SOLUTION: If the net price of a TV is $900 and the trade discount rate is 40%, then the list price is A. $1,500. B. $1,260. C. $2,250. D. $3,600.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: If the net price of a TV is $900 and the trade discount rate is 40%, then the list price is A. $1,500. B. $1,260. C. $2,250. D. $3,600.       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1129599: If the net price of a TV is $900 and the trade discount rate is 40%, then the list price is
A. $1,500.
B. $1,260.
C. $2,250.
D. $3,600.

Found 3 solutions by MathLover1, MathTherapy, greenestamps:
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

$900 and the trade discount rate is 40%=0.40, then the list price is
$900%2B900%2A0.40=900%2B360=1260
answer:
B. $1260

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

If the net price of a TV is $900 and the trade discount rate is 40%, then the list price is
A. $1,500.
B. $1,260.
C. $2,250.
D. $3,600.
Discount is 40%, so list price is $1,500 (CHOICE A.) 


Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


If the discount is 40%, then the sale price is 60% of the list price (100%-40%).

0.60x+=+900
x+=+900%2F0.60+=+1500

Answer choice A.