Question

a manufacturer introduces a new high - speed digital press that can be used to print brochures, business cards, posters, and photos at a list price of $124,000. find the net cost if a trade discount of 6/25/6 is given on the first ten sold.
the net cost is $
(round to the nearest cent as needed.)

Explanation:

Step1: Convert discounts to decimals

First, convert each discount rate to a decimal. A discount of 6% means we keep \(1 - 0.06=0.94\), 25% discount means we keep \(1 - 0.25 = 0.75\), and 6% discount means we keep \(1 - 0.06=0.94\).

Step2: Multiply the list price by the kept factors

The list price \(L=\$124000\). The net cost \(N\) is calculated by multiplying the list price by the product of the kept factors for each discount. So \(N = 124000\times0.94\times0.75\times0.94\).
First, calculate \(124000\times0.94 = 116560\).
Then, \(116560\times0.75=87420\).
Then, \(87420\times0.94 = 82174.8\).

Answer:

\(\$82174.80\)