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Custom Greetings places an order for 300 reams of card stock paper. Its supplier offers Custom Greetings a 35% trade discount. If a ream of paper has a list price of $25.50, what is the net price of Custom Greetings’ order?

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Respuesta :

Answer:

Net price: $4972.50

Step-by-step explanation:

Percentages

We know a ream of paper has a list price of $25.50. Custom Greetings placed an order for 300 of them. If they have purchased them at list price, the total price would have been

300*25.50=$7,650

But we also know there was a 35% trade discount, so the net price of their order is

$7,650-$7,650*35/100=$4972.50

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