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Answered

A manufacturer offers a 20/15 chain discount if
the invoice subtotal is above $1,000. If the list
price is $85 per item, what is the total price of
the first invoice that activates the chain
discount?
$[ ? ]
Round to the nearest cent.



Answer :

koifishbreh

Answer: The total price of the first invoice that activates the chain discount is $1040.40.

Step-by-step explanation: The chain discount of 20/15 means that there are two successive discounts: first a 20% discount and then an additional 15% discount. These discounts apply when the invoice subtotal is above $1,000.

Therefore, the total price of the first invoice that activates the chain discount is $1040.40.