The list price for a window is $220. net price is $160. What is the trade discount rate?

Solution:

Given,

List price for a window = $220

Net Price for a window = $160

We have to find the trade discount rate.

Discount price = list price - net price

Discount price = 220 - 160

= $60

Discount rate = (discount price/list price)100%

Discount rate = (60/220)100

= (0.2727)100

= 27.27%

Therefore, the trade discount rate is 27.27%

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The list price for a window is $220. net price is $160. What is the trade discount rate?

Summary:

The list price for a window is $220. net price is $160. The trade discount rate is 27.27%

Example:

The list price of an article is $20. net price is $10. What is the trade discount rate?

Solution:

Given,

List price = $20

Net Price = $10

We have to find the trade discount rate.

Discount price = list price - net price

Discount price = 20 - 10

= $10

Discount rate = (discount price/list price)100%

Discount rate = (10/20)100

= (0.5)100

= 50%

Therefore, the trade discount rate is 50%

Summary:

The list price of an article is $20. net price is $10. The trade discount rate is 50%