Royal furniture bought a sofa for 920 the sofa had 1520 list price. what is the trade discount rate
1 answer:
Answer: 65.22%
Explanation:
From the question, we are told that Royal furniture bought a sofa for 920 the sofa had 1520 list price. The discount will be 1520 - 920 = 600
Discount rate = 600/920 × 100
= 65.22%
The discount rate is 65.22%
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