Question

The list price of a bicycle tire is $28 and the trade-discount rate is 15%. Find the net price to the nearest cent, using the complement method.

Answer 1

Answer: The net price to the nearest cent is $23.80.

Step-by-step explanation:

Since we have given that

List price of a bicycle = $28

Rate of trade discount = 15%

So, Amount of trade discount would be

$\dfrac{15}{100}\times 28\\\\=\ 4.20$

So, Amount after discount, it would be

$\ 28-\ 4.20\\\\=\ 23.8$

Hence, the net price to the nearest cent is $23.80.

Answer 2

 32.94$ is the answer to your question hope this helps