Math Problem Statement
Solve the problem. Round to the nearest cent.
The list price of a keyboard is $597. If the series discount offered is 10/25/35, what is the net cost after trade discounts?
A.
$261.93
B.
$335.07
C.
$179.10
D.
$417.90
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Percentages
Sequential Discounts
Trade Discounts
Formulas
First discount: Discount = List Price × Discount Percentage
Remaining Amount = Previous Amount - Discount
Repeat for each successive discount
Theorems
Percentage-based Discount Calculation
Suitable Grade Level
Grades 10-12
Related Recommendation
Calculate Net Cost with Series Trade Discount: 18%, 11%, and 19%
Calculate List Price and Equivalent Trade Discount Rate for Printer Discounts
How to Calculate Trade Discount with Successive Discounts: 20/10/5 Example
Calculate Rebate and Cash Discount for a 30,000-piece Order with Trade and Cash Discounts
Calculate Net Price Factor and Net Price for Trade Discounts 22/15/5