11. The list price of an orange dial Luminox watch is $450. Katz Jewelers receives a tradediscount of 25%. Find the trade discount amount and the net price.

Respuesta :

In order to find the trade discount amount and the net price, you first calculate the 25% of $450. You proceed as follow:

(25/100) x 450 = 112.5

the percentage is divided by 100, an

Then, $112.5 is the 25% of $450. And $112.5 is the discount amount

Next, to calculate the net price, you simply calculate the difference between the intial price ($450) and the price after the discount ($112.5), just as follow:

net price = $450 - $112.5 = $337.5

Hence, the discount amount is $112.5 and the net price is $337.5