Question: A discount store purchased some special products at a list price of $1,600. If the broker gives a 20.25% trade discount, what is the amount

A discount store purchased some special products at a list price of $1,600. If the broker gives a 20.25% trade discount, what is the amount of the trade discount?

a. $950.00

b. $1,276.00

c. $1,706.00

d. $324.00

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