Calculate the net price and amount of trade discount (use net price equivalent rate as well as single equivalent discount rate):
$$\begin{array} { | l | l | l | l | l | }
\hline\text { Item } & \text { List Price } & \text { Chain Discount } & \text { Net Price } & \text { Trade Discount } \
\hline \begin{array} { l }
\text { Troy-Bilt lawn } \
\text { mower }
\end{array} & \$ 499 & 7 / 9 &? &? \
\hline
\end{array}$$

Question

Calculate the net price and amount of trade discount (use net price equivalent rate as well as single equivalent discount rate):
 $$\begin{array} { | l | l | l | l | l | } 
\hline\text { Item } & \text { List Price } & \text { Chain Discount } & \text { Net Price } & \text { Trade Discount } \
\hline \begin{array} { l } 
\text { Troy-Bilt lawn } \
\text { mower }
\end{array} & \$ 499 & 7 / 9 &? &? \
\hline 
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the net price and amount of trade discount (use net price equivalent rate as well as single equivalent discount rate):
 $$\begin{array} { | l | l | l | l | l | } 
\hline\text { Item } & \text { List Price } & \text { Chain Discount } & \text { Net Price } & \text { Trade Discount } \
\hline \begin{array} { l } 
\text { Troy-Bilt lawn } \
\text { mower }
\end{array} & \$ 499 & 7 / 9 &? &? \
\hline 
\end{array}$$

Calculate the Net Price and Amount of Trade Discount (Use