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Zepler [3.9K]
3 years ago
13

Custom Greetings places an order for 300 reams of card stock paper. Its supplier offers Custom Greetings a 35% trade discount. I

f a ream of paper has a list price of $25.50, what is the net price of Custom Greetings’ order?
HELP ASAP
Mathematics
1 answer:
Y_Kistochka [10]3 years ago
7 0

Answer:

<em>Net price: $4972.50</em>

Step-by-step explanation:

<u>Percentages</u>

We know a ream of paper has a list price of $25.50. Custom Greetings placed an order for 300 of them. If they have purchased them at list price, the total price would have been

300*25.50=$7,650

But we also know there was a 35% trade discount, so the net price of their order is

$7,650-$7,650*35/100=$4972.50

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