Question

kofi electronics bought a shipment of Tvs at a net price of $477.36 each, after discounts of 15%,10% and 4%. what is the list price?​

Answer 1

Answer:

$650

Explanation:

Let x be the list price of the Tvs

85% of x = 0.85x

90% of 0.85x = (0.9)(0.85)x

96% of (0.9)(0.85)x = (0.96)(0.9)(0.85)x

The net price is given by $477.36

Therefore, $477.36 = (0.96)(0.9)(0.85)x

Hence x = $477.36 / (0.96)(0.9)(0.85)

x = $477.36 / 0.7344

x = $650

So, the list price is the list price