A retailer purchases goods that have a list price of $7,500. The
manufacturer allows a trade discount of 40-25-10 and a cash discount of 2/10,
net 30. If the retailer takes both discounts, how much is
paid to the vendor?
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7500 * 0.4*7500 = 4500
4500 - *.02*7500 = 4500 - 90 = 4410
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