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Answer

↓Steps Explained:↓

Calculate the net cost price for

A good priced at $750.00

Use a chain discount of 25/20%

Method 1: Equivalent Discount

Step 1: (100% - 25%) * (100% - 20%)

Step 2: 0.75 * 0.8 = 0.6

Step 3: 100% - 60% = 40%

Step 4: Discount = $750.00 * 0.4 = $300.00

Step 5: Net Cost Price = $750.00 - $300.00 = $450.00

Alternative Method Price

Price * Discount Percent 1 = ($750.00 * 0.25 = $187.50)

Price - Discount 1 = ($750.00 - $187.50 = $562.50)

Alternative Method Discounted price

Discounted price * Discount Percent 2 = ($562.50 * 0.2 = $112.50)

Discounted price - Discount 2 = ($562.50 - $112.50 = $450.00)

Net Cost Price

Net Cost Price = $750.00 - $300.00