A craft shop buys stuffed animals with a list price of $7,000. If the wholesaler offers trade discounts of 35/35/35, find the net price factor.
• 0.04288
• 0.21600
• 0.27463
• 0.34300

Respuesta :

Based on the wholesale trade discounts offered by the seller to the craft shop that buys stuffed animals, the net price factor is 0.27463

What is the net price factor?

First, find the difference between 100% and the trade discounts:

= 100% - 35%

= 65%

The difference is 65/65/65.

To find the net price factor, multiply these differences:

= 0.65 x 0.65 x 0.65

= 0.274625

= 0.27463

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