christina317 christina317

21-12-2020
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royal furniture bought a sofa for 920 the sofa had 1520 list price. what is the trade discount rate

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topeadeniran2 topeadeniran2

26-12-2020

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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