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14) On a new oak bookcase with a list price of $763, a series discount of...

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Finance

14) On a new oak bookcase with a list price of $763, a seriesdiscount of 25/30/5 is offered to wholesalers while a seriesdiscount of 10/15 is offered to retailers. (10 pts) a) What is thewholesaler’s price? b) What is the retailer's price?

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4.3 Ratings (826 Votes)
a List Price 763 We know thatPrice after discount Price before discount x 1 discount Series discount for wholesalers 25305 discount 1 d1 25 discount 2 d2 30 discount 3 d3 5 First we calculate the Price after discount 1 by considering discount d1 on List price Price    See Answer
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14) On a new oak bookcase with a list price of $763, a seriesdiscount of 25/30/5 is offered to wholesalers while a seriesdiscount of 10/15 is offered to retailers. (10 pts) a) What is thewholesaler’s price? b) What is the retailer's price?

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