Question

a bracelet had a net cost to a jeweler of $98.06 after a series trade discount of 9/20/7. find the list price to the jeweler.
the list price to the jeweler is $□.
(round to the nearest cent as needed.)

Explanation:

Step1: Calculate first discount factor

Subtract first discount from 100%:
$1 - 0.09 = 0.91$

Step2: Calculate second discount factor

Subtract second discount from 100%:
$1 - 0.20 = 0.80$

Step3: Calculate third discount factor

Subtract third discount from 100%:
$1 - 0.07 = 0.93$

Step4: Find total discount factor

Multiply all three factors:
$0.91 \times 0.80 \times 0.93 = 0.68264$

Step5: Solve for list price

Divide net cost by total factor:
$\text{List Price} = \frac{98.06}{0.68264}$

Answer:

$143.65$