A manufacturer of skis offered chain discounts of 10/5/4 to many of its customers. Joe Jones ordered skis that had a total list price of $149,500. The amount of the trade discount is:
a. $122,709.60
b. $26,970.40
c. $26,790.40
d. $122,907.69
e. None of these

Question

A manufacturer of skis offered chain discounts of 10/5/4 to many of its customers. Joe Jones ordered skis that had a total list price of $149,500. The amount of the trade discount is:
   a. $122,709.60   
  b. $26,970.40   
  c. $26,790.40   
  d. $122,907.69   
  e. None of these

anonymous · Answer

anser is c

anonymous · Answer

first take 149,500 * .10 = 14,950
149,500 - 14,950 = 134,550

anonymous · Answer

then, 134,550 * .05 = 6727.50
134,550 - 6727.50 = 127,822.50
127,822.50 * .04 = 5112.90

anonymous · Answer

trade discount = 14950 +6727.50+5112.90
= 26790.40