It refers to a percentage after making adjustments for some factor.
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If you have 25percent discount you pay only 75% percent of the price 1275,55*,075=956,6625 so lets make that an even 956,50.-
3460 x .77 = 2664.20
The trade discount of 5678 with a 25 percent discount would be 4258.50. This is considered to be a math problem.
True
Net amount x 120%= Gross amount