A Dining Room Set Lists for $7,900

question 16

Multiple Choice

A dining room set lists for $7,900.00 and carries a trade discount of 25 percent. of $75.00 is not part of the list price. The net price of the dining room set including freight, assuming a cash discount of 4 percent, is:

• A) $7,975.00
• B) $7,659.00
• C) $7,656.00
• D) $5,763.00