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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 7
Solve the following application problem in trade discount. Round to the nearest cent.
TRADE-DISCOUNT COMPARISON The Door Store offers a series trade discount of 30/20 to its builder customers. Robert Gonzalez, a new employee in the billing department, understood the 30/20 terms to mean 50% and computed this trade discount on a list price of $5440. How much difference did this error make in the amount of the invoice? ___________
TRADE-DISCOUNT COMPARISON The Door Store offers a series trade discount of 30/20 to its builder customers. Robert Gonzalez, a new employee in the billing department, understood the 30/20 terms to mean 50% and computed this trade discount on a list price of $5440. How much difference did this error make in the amount of the invoice? ___________
Explanation
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Sometimes two or more discounts are comb...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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