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A discount store purchased some special product at a list price of $1,600. If the broker gives a 20.25% trade discount, what is the amount

A discount store purchased some special product at a list price of $1,600. If the broker gives a 20.25% trade discount, what is the amount of the trade discount?

a. $1276.00

b. $324.00

c. $950.00

d. $1706.00

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