SOLUTION: List price of a radio is 22% higher that the net price. The net price is $29. What is the list price? What is the amount of the trade discount?
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Question 176393: List price of a radio is 22% higher that the net price. The net price is $29. What is the list price? What is the amount of the trade discount? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! List price of a radio is 22% higher that the net price. The net price is $29. What is the list price? What is the amount of the trade discount?
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List price = net price + 0.22*(net price)
List price = 1.22(net price)
List price = 1.22*29 = $35.38
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Not sure what "trade discount" means.
Cheers,
Stan H.
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