Question

Bryans Brothers bought a suit that has a net price of $1,329, with a chain discount of 8/5/3. What is the list price of the suit? Round the answer to 2dp.

Answer 1

List price = x

Equelent to net rate =

100% - 8 = 0.92

100% - 5 = 0.95

100% - 3 = 0.97

= 0.92 x 0.95 x 0.97 = 0.84778

Net Price = 1329

x  * 0.84778 = 1329

x = 1329/0.84778 = 1567.62

List price = Rs.1567.62