Question

the list price minus the trade discount is called the? a) net selling price b) cost price c) invoice price d) reduced cost price​

Answer 1

Answer:

cost pricce

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Step-by-step explanation:

Answer 2

The list price minus the trade discount is called the net selling price.

• The original price of an item at which the dealer sells it to the customers without any discount is called the cost price or the list price.
• If an item is discounted for a particular percentage of its value, the reduced price is called the selling price. It is the price at which the customer buys the item.
• The invoice price is the price of an item the dealer needs to pay the manufacturer for.
• When the manufacturer gives the dealer a discount on the price of an item, the price the dealer has to pay to the manufacturer is called the reduced cost price.