Answer:
The net price of the product is $1445.
Solution:
Given, regular price of a product is $1500 and it has a discount at the rate of 3%
We have to find the final price of the product.
We know that, final product of price = regular price – discount price
Final price of product = 1500 – 3% of 1500
Final price of product [tex]= 1500-\frac{3}{100} \times 1500[/tex]
= 1500 – 3 [tex]\times[/tex] 15 = 1500 – 45
Final price = 1455
Hence, the net price of the product is $1445.
