In Addition to the Regular Trade Discount of 25% and a Volume

question 125

Short Answer

In addition to the regular trade discount of 25% and a volume purchase discount of 8 $\frac{1}{3}$ % from the manufacturer, Appliance Warehouse is offered a further 5% discount for orders placed in January.
a) What is the net price after all three discounts on refrigerators listed at $1,195?
b) What is the list price on an electric range whose net price works out to be $470.25?
c) What single trade discount is equivalent to the three trade discounts?
d) After the regular and volume discounts are both taken, what dollar amount of savings does the extra discount for January orders represent on a $1,000 list price item?

---

Definitions:

College Student

An individual enrolled in an institution of higher education to pursue a degree or certification.

Breadth

Number of product lines offered by a firm; also known as variety.

Athletic Gear

Sport-specific equipment and clothing designed to enhance performance, safety, and comfort during physical activities.

Adidas

A multinational corporation that designs and manufactures sports shoes, clothing, and accessories, known for its high-quality athletic and lifestyle products.