General Electric won a bid to supply jet engines with a total list price of $600 million to China
Airlines. Assuming a trade discount of 20 percent, what did General Electric receive?

Question

General Electric won a bid to supply jet engines with a total list price of $600 million to China
Airlines. Assuming a trade discount of 20 percent, what did General Electric receive?

boldjon · Answer

That would be... 

$600 * 0.8 = $480

anonymous · Answer

thank you,could you help with this one?
When a textbook is ordered for classroom use, college bookstores typically get a 20% discount
from the publishers. However, according to the National Association of College Stores, when the
same book is ordered by other stores, publishers give discounts of at least 30%. If the list price is
$60.30, what would be the net price to (a) the college bookstore and (b) the other stores?