discounts ( fashion merchandising)

label Mathematics
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schedule 1 Day
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a vendor who normally sells with a 3% cash discount is asked to sell with an 8% discount. what will the loaded cost of merchandise normally selling for $968 when the invoice is loaded to allow the 8% discount?

Jul 31st, 2015

Thank you for the opportunity to help you with your question!

loaded cost=net cost / complement of the cash discount desired

      =$968/[92%}

      =890.56


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Jul 31st, 2015

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