Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

Question

amistre64 · Answer

1% of something just means that we have 1 part out of 100 pieces

if we take and divide that value into 100 pieces, 1 part is 1%

they want 30 parts ....

$$30*\frac{n}{100}$$

anonymous · Answer

brooo its trade discount list price x discount rate. and i need the net price which is list price-trade discount

amistre64 · Answer

your post is asking for the dollar amount of the discount itself.  If you are wanting the dollar amount after applying the discount, then your post does not reflect that.

amistre64 · Answer

What is the dollar amount OF the trade discount?

What is the dollar amount AFTER the trade discount?

2 different solutions

anonymous · Answer

ok so basically i need what is the amount of the discount

amistre64 · Answer

correct ... so list price, times % equals the dollar amount that is to be discounted.

list - discount = purchase price

amistre64 · Answer

purchase price can also be determined as:

list price, times (1-%)

anonymous · Answer

okay so i get 203.985 do i have to round it or no>?

anonymous · Answer

679.96*.3=203.985 do i need to round or no?

amistre64 · Answer

... thats what i was wondering :)  the "dollar amount" would lead me to say 203;  but its vague to me what they are actually wanting.  204 seems as just a good an answer :/

anonymous · Answer

because i do online college and idk because it doesnt say to round or not?

anonymous · Answer

could it just be 203.98 or should i just go with 204?

amistre64 · Answer

is it graded by a person?  or by a computer?

amistre64 · Answer

and does the phrase "dollar amount" have a specific meaning in terms of financial stuff.  The vernacular always kills me when trying to decipher these things :)

anonymous · Answer

omputerc

anonymous · Answer

which is why it kills me because on my last assignment it gave me 18/40 i hate computer grading

anonymous · Answer

apparently i have to round in an email from my instructor

amistre64 · Answer

from what i can gather on the google ... 203.985  rounds to 203.99 as a "dollar amount"

anonymous · Answer

ic thanks

amistre64 · Answer

unless it says to "round to the nearest dollar"; then the "dollar amount" is stated in a $xx.cc format

if you have excel, clicking on the $ formater should give the "dollar amount"

amistre64 · Answer

attachment

anonymous · Answer

ok thanks because i do have excel :D

amistre64 · Answer

good luck :)