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Author Question: A commercial lawn mower has a list price of 1,482.20. Jacob's Landscaping receives a 22 trade ... (Read 130 times)

cdr_15

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on: Jun 24, 2018
A commercial lawn mower has a list price of 1,482.20. Jacob's Landscaping receives a 22 trade discount. How much is the discount?
 A) 326.08
  B) 296.44
  C) 32.60
  D) 29.64

Question 2

What is a trade discount?
 A) A discount that is deducted after shipping charges have been added to an invoice
  B) A discount from the list price which is deducted by the seller for specific buyers
  C) A discount that is deducted by the buyer when payment is received within the discount period
  D) The difference between 100 and the discount rate


wfdfwc23

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

B


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