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23-05-2016
Mathematics

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The list price of a refrigerator is $1899. The chain discount is 20/15. What is the final net price?

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taskmasters taskmasters

23-05-2016

1st = 100% - 20% = 80%
2nd= 100%-15% = 85%

Net Price Factor = 0.8 x 0.85 = 0.68

Net Price = $1899 x 0.68

Final Net Price = $1,291.32

Total Discount= $1899 - 1,291.32 = $607.68

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