A trade discount rate of 5% on a shipment of designer clothes resulted in a trade discount

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A trade discount rate of 5% on a shipment of designer clothes resulted in a trade discount amount of $20,400.

a. What was the list price of the shipment of designer clothes?

b. What was the net price of the shipment of designer clothes?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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