Scenario Problem 4: Missing Trade Discount
Rate
Context: Kevin recieved an invoice for [tex]$1,000 from a wholesaler, which after applying a trade discount , was reduced to $[/tex]900.
Task: Determine the rate of the trade discount that
was applied.
Solution:
1) Calculate the difference between the original Price and
the discounted Price:
• Difference = [tex]$1,000 - $[/tex]900 = [tex]$100 1) Calculate the trade discount rate: A ($[/tex]100/$1,000) x 100% = 10%
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