Calculating Trade Discount Rate when List Price and Net Price are Known
The trade discount rate can be calculated by using the now-familiar percentage formula Rate = Portion ÷ Base.
For this application, the amount of the trade discount is the portion, or numerator, and the list price is the base, or denominator.
Hello! What if the List price is 80% and NIP is 7900? How will I get the list price, discount, dr, and Nip rate?
Thank you