Question

question
completed: 5 of 8
my score: 5/8 pts (62.5%)
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 discount factors

First discount: $1 - \frac{9}{100} = 0.91$
Second discount: $1 - \frac{20}{100} = 0.80$
Third discount: $1 - \frac{7}{100} = 0.93$

Step2: Find net cost factor

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

Step3: Solve for list price

List price = $\frac{\text{Net Cost}}{\text{Net Cost Factor}}$
$\text{List Price} = \frac{98.06}{0.68264}$

Answer:

$143.65$