I'm currently stuck on a problem.
The question is this:
A 37.5% trade discount on a camera represents a discount of $223.14 from the suggested retail price. What is the net price to the buyer?
I have the discount amount and the discount rate.. but how am I suppose to find the net price, if I don't have the list price?
I'm given the formula:
N = L (1 - d)
The question is this:
A 37.5% trade discount on a camera represents a discount of $223.14 from the suggested retail price. What is the net price to the buyer?
I have the discount amount and the discount rate.. but how am I suppose to find the net price, if I don't have the list price?
I'm given the formula:
N = L (1 - d)