Math Problem Statement
A ream of paper was sold by a distributor for $21.26 after a trade discount of 15.6%. What is the amount of discount offered by the distributor? round to 2 decimals
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Algebra
Percentage Calculations
Discounts
Formulas
Discount amount D = P × (Discount Rate / 100)
Discounted Price = Original Price - Discount Amount
Theorems
-
Suitable Grade Level
Grades 6-8
Related Recommendation
Calculate Rebate and Cash Discount for a 30,000-piece Order with Trade and Cash Discounts
Calculate Net Cost After 10/25/35 Series Discount on $597 List Price
Calculate Net Cost with Series Trade Discount: 18%, 11%, and 19%
How to Calculate Trade Discount with Successive Discounts: 20/10/5 Example
Calculate List Price and Equivalent Trade Discount Rate for Printer Discounts