Respuesta :
Answer: The net price to the nearest cent is $23.80.
Step-by-step explanation:
Since we have given that
List price of a bicycle = $28
Rate of trade discount = 15%
So, Amount of trade discount would be
[tex]\dfrac{15}{100}\times 28\\\\=\$4.20[/tex]
So, Amount after discount, it would be
[tex]\$28-\$4.20\\\\=\$23.8[/tex]
Hence, the net price to the nearest cent is $23.80.