The list price on slacks is $22, and the list price on jumpers is $37. If Petit’s Clothing Store orders 30 pairs of slacks and 40 jumpers at a discount rate of 11%, what is the trade discount on the purchase?

Respuesta :

Step-by-step explanation:

Calculate the value of decimal equivalents of complements, net decimal equivalent and net price with the help of given data:

List price= $200

Trade discount series= 20/10

Calculate the decimal equivalents of complements using given formula:

Complements of successive discount = 

= 80% / 90%

Hence, decimal equivalent of complements are 80% / 90%.

Answer:

Trade discount = $235.40

Step-by-step explanation:

List price :

Slacks = 22

Jumpers = 37

Total amount before discount = (30 x 22) + ( 40 x 37)

                                              = 660  +  1480

                                              = 2140

Discount rate = 11%

So,

  [tex]Discount \ price = 11 \% \ of \ 2140\\\\Discount \ price = \frac{11}{100} \times 2140 = 235.40[/tex]