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Earn +20 ptsQ: What is amount of trade discount is represented by?
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What does nett price mean?
if you mean "Net Price", it's the amount after deducting trade discount and cash discount.
How do you find the original price of discounted item?
You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)
What a amount of money subtracted from the sales price?
That would probably be the discount.
An amount subtracted from the regular price is called what?
A discount.
An amount that the regular price is reduced?
....is called a discount.
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