Respuesta :

220-220r=160
Solve for r to get the discount rate
r=0.2727
r=0.2727×100
r=27.27%

Check
220−220×0.2727
=160

Answer:

Trade Discount Rate of the window is 27.27 %

Step-by-step explanation:

Given:

List Price = $ 220

Net Price = $ 160

To find: Trade Discount Rate

Trade Discount amount = 220- 160

                                      = $ 60

Trade Discount rate = [tex]\frac{60}{220}\times100[/tex]

                                  = [tex]\frac{600}{22}[/tex]

                                  = [tex]27.27[/tex]

Therefore, Trade Discount Rate of the window is 27.27 %