Question

The list price of kitchen cabinet knobs is $3.00. The net price to the retailer is $2.40. What is the trade-discount rate?

Answer 1

http://www.ehow.com/how_6530108_calculate-trade-discount.html

Answer 2

$$ \Large \text{trade discount rate}= \frac {net price-list price }{list price} $$

Answer 3

thank yoou !

Answer 4

multiply by 100 to get percent

Answer 5

since it says discount, you can make that positive

Answer 6

thanks i got 20 (:

Answer 7

make sure to write % ,

Answer 8

that was a really good example

Answer 9

:)