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The retail price of a product is $77.30 per square metre. Trade price is retail less 12.5%. Calculate the trad?
sorry last was supspose to be Calculate the trade price of 5.35m of the product
2 Answers
- ManOfMidNightLv 49 years agoFavorite Answer
The retail price of a product is $77.30 per square metre. Trade price is retail is 12.5% less. Calculate the trade price?
OK.
I choose to change the percent into a decimal, so that would now be 0.125.
Now, I would like to first find 12.5% of the retail price, so:
$77.30 x 0.125 = $9.6625
Now, subtract that from the original amount, so;
$77.30 - $9.6625 = $67.3675
Rounded to the nearest hundredth place like all money is;
$67.37 per square meter.
Source(s): Algebra I Student - James BLv 49 years ago
Trade price = Retail Price less 12.5% of retail price = $77.30 - $77.30*12.5/100 = $77.30*(100-12.5)/100 =$77.30*87.5/100