Question

Kidzstuff.com ordered toys,games,and videos from a vendor.The order had a list price of $10,300 less trade discounts of 25/15/12.
what is the net price factor?
what is the net price of the order?

Answer 1

I assume this means that the final price was obtained
by applying hose discounts multiplicatively. If so,

net price factor is (.75)(.85)(.88) = 0.561

5778.30 = (10,300)(0.561) = net price