The net price can be found by first finding the trade discount as discussed in Outcome 1

Question:

The net price can be found by first finding the trade discount as discussed in Outcome 1 in Section 8.1, then subtracting to get the net price. When is it advantageous to use the complement of the for finding the net price directly?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...