Question

Find the complement rates and the net price using the complement method. If necessary, round the net price amount to the nearest cent. If an amount box does not require an entry, leave it blank or enter "0".

			Complement Rates
	List Price	Trade Discounts	First	Second	Third	Net Price
a.	$2,980	25%, 20%	%	%	%	$
b.	$8,600	30%, 15%, 5%	%	%	%	$
c.	$4,250	20%, 10%, 5%	%	%	%	$

Answer 1

Complement Rates Trade Kist Price discounts a. $2,980 25%, 20% b. $8,600 30%, 15%, 5% $4,250 20% 10%, 5% first 75% 70% 80% second 80% I 85% 90% third 0 95% 95% Net Price. $1,788 $4,861.15 $2,907 (as Calculation: Complement Rate = 100% - Trade Discount Rate first: Complement Rate = 100% - 25% 95% Second: Complement Rate = 100% - 20% - 80% (b) first: complement Rate = 100% -30% - Secondo Complement Rate = 100% - 15% 2 Third : Complement Rate = 100% – 5% 70% 85% 2 95% (c) first: complement Rate = 100% - 20% - 80% second: Complement Rate = 100% – 10% 2 90% Third: complement Rate = 100% - 5% 2 95%

Net Price = List Price x complement Rates as Net Price = $2,980 X 75% x 80% = $1,788 b) Net Price = $8,600 x 70% x 85% x 95 % - $4, 861.15 & Net Price - 90% x $4,250 x 80% x = $2,907 95%