3 years ago

Royal furniture bought a sofa for 920 the sofa had 1520 list price. what is the trade discount rate

English

1 answer:

Maru [420]3 years ago

7 0

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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