To calculate the net price using the trade discount series of 11/8/6 on the list price of $900, we need to apply each discount sequentially, converting them to their decimal equivalents.

Step 1: Convert the trade discounts to decimal form.

• 11% discount: The decimal equivalent is $1 - \frac{11}{100} = 0.89$
• 8% discount: The decimal equivalent is $1 - \frac{8}{100} = 0.92$
• 6% discount: The decimal equivalent is $1 - \frac{6}{100} = 0.94$

Step 2: Apply each discount to the list price.

1. First Discount (11%): $900 \times 0.89 = 801$ After the first discount, the price becomes $801.

2. Second Discount (8%): $801 \times 0.92 = 737.92$ After the second discount, the price becomes $737.92.

3. Third Discount (6%): $737.92 \times 0.94 = 693.13$ After the third discount, the final price (net price) is $693.13.

Final Net Price:

The net price after applying the trade discount series is $693.13.

Would you like any further details on how to apply trade discounts, or do you have any other questions?

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Here are 5 related questions:

1. How do you calculate the gross price after a series of trade discounts?
2. What happens if the discount series includes a higher discount on the second or third stage?
3. How do you handle trade discounts for large or bulk orders?
4. What is the difference between trade and cash discounts?
5. How would you calculate the net price if the list price was different (e.g., $1200)?

Tip: Always apply the discounts in sequence, one after the other, rather than summing them up before applying to avoid incorrect calculations.