A bedroom set lists for $12,000 and carries a trade discount of 30 percent. Freight (FOB shipping point) of $150 is not part of list price. Calculate the delivered price of the bedroom set including the freight. Assume a cash discount of 2 percent: (Points : 4)

Question

anonymous · Answer

$8400 (price) + $150 (FOB shipping point)... = $8550.00
discount of 2% = $8379.00

anonymous · Answer

Actually, when calculating the price, you take the cash discount off of the price before adding the FOB shipping point.  This would give you a total of $8,382.