Question

brooks store bought a stereo from a wholesaler with a $1,200 list price and a 28% trade discount. what is the (a) trade discount amount and the net price for the television?

Answer 1

List price = $1200
trade discount = 28%

$trade\ discount = \frac{28}{100}*1200=\boxed{336}$

$net\ price=list\ price-\ trade\ discount=1200-336=\boxed{864}$