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An electric cooking range listed in ABM Company's catalog at P23,000 is billed to the retailer at P20,100. Determine the: a. amount of trade discount.

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An electric cooking range listed in ABM Company's catalog at P23,000 is billed to the retailer at P20,100. Determine the: a. amount of trade discount. (show computation) b. trade discount rate. (show computation)

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