Gupta runs a successful bakery and buys flour in bulk. Because he is such a good customer, his reseller gives him a discount off of list price. If he spends $768.95 on an amount of flour that lists for $845, what discount rate did he receive? What trade discount does this represent?

Guest Sep 24, 2017

He gets a discount of 9% off


(845*.09)=76.05 (Trade disocunt)


845-76.05=768.95 (Checking to make sure problem works out)

NediaMaster  Sep 25, 2017

13 Online Users

New Privacy Policy

We use cookies to personalise content and advertisements and to analyse access to our website. Furthermore, our partners for online advertising receive information about your use of our website.
For more information: our cookie policy and privacy policy.