Unformatted text preview: N = L – D or Net price = List price (1  discount rate) N = L(1  d) B) SERIES OF TRADE DISCOUNTS • More than one trade discount may be given off the list price. • Do not add the discount rates together ! Net price = List price (1  discount rate 1 ) (1  discount rate 2 ) (1  discount rate 3 ) …etc. N = L(1 – d 1 )(1 – d 2 )(1 – d 3 ) …etc. C) SINGLE EQUIVALENT RATE OF DISCOUNT • This is the single trade discount that is the same as a series of trade discounts Single equivalent rate of discount = Discount = (List price – Net price) List price List price...
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 Winter '12
 Kit
 Marketing, Pricing, trade discounts

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