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A wholesale business sells goods with a list price of $1,200 and a trade discount of 30 percent. the net price is

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Answer:

The net price is $840

Explanation:

This question wants to test your ability to convert from percentage to amount, this is shown below:

Percentage = 30% = 0.3

List price = $1,200

discount price = 30% of 1,200 = 0.3 × 1,200 = $360

Therefore, net price = list price - discount = 1,200 - 360 = $840.

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