Question

A local college bookstore paid a net price of $12,500 for textbooks for the coming semester. The publisher offered a trade discount of 20%. The publisher's original list price was

Answer 1

\[.8\times 12500\]

Answer 2

No.

Answer 3

discount of 20% means 20% off -- 100% -20% = 80%
so 12,500 represents 80% of original price

0.8*P = 12,500

Answer 4

So the answer would be $15,625.