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The list price for a lawnmower is $420. The net price is $315. What is the trade discount for the lawnmower? I am getting 25%, can someone explain to me why I keep getting it wrong because I'm doing it the exact same way I've done the other problems and this one keeps telling me I'm wrong
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discount=420-315=? discount %\[=\frac{ discount }{ list~ price }\times 100\]
That comes out to 25%.... This question has me stumped though I'm not undertsanding where the trade discount part is coming from
How is it a trade?
Maybe its 105 dollars
Since its not asking for the percentage but the actual discount
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Yeah you're right, I guess I misunderstood the actual question, thank you
Np
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