In addition to the regular trade discount of 25% and a volume purchase discount of 81%...
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In addition to the regular trade discount of 25% and a volume purchase discount of 81% from the manufacturer, Appliance Warehouse is offered a further 5% discount for orders placed in January. (Use five decimal places for repeating decimals.) a. What is the net price after all three trade discounts on refrigerators listed at $1,195? (Round your answer to the nearest cent.) Net price b. What is the list price on an electric range whose net price works out to be $470.25? (Round your answer to the nearest cent.) List price $ c. What single trade discount rate is equivalent to the three trade discounts? (Round your answer to one decimal place.) Discount % d. After the regular and volume discounts are both taken, what dollar amount of savings does the extra discount for January orders represent on a $1,000 list price item? (Round your answer to the nearest cent.) Amount In addition to the regular trade discount of 25% and a volume purchase discount of 81% from the manufacturer, Appliance Warehouse is offered a further 5% discount for orders placed in January. (Use five decimal places for repeating decimals.) a. What is the net price after all three trade discounts on refrigerators listed at $1,195? (Round your answer to the nearest cent.) Net price b. What is the list price on an electric range whose net price works out to be $470.25? (Round your answer to the nearest cent.) List price $ c. What single trade discount rate is equivalent to the three trade discounts? (Round your answer to one decimal place.) Discount % d. After the regular and volume discounts are both taken, what dollar amount of savings does the extra discount for January orders represent on a $1,000 list price item? (Round your answer to the nearest cent.) Amount
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