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A copper wire manufacturer traditionally offers distributors a 30% trade discount off of suggested retail price. This month, the price of copper is down so
A copper wire manufacturer traditionally offers distributors a 30% trade discount off of suggested retail price. This month, the price of copper is down so the manufacturer offers an additional 10% discount. Large orders of a ton or more also receive an additional 5% discount. Assume the suggested retail price is $5,600 for a ton of copper. What would be the total discount if you ordered a ton of copper? (Hint: may want to calculate Selling Price first.)
-$2,152.50
-$3,847.50
-$2,248.40
-$3,600.00
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