tRadE AnD CasH DiscouNTs

Retailers usually pay for the goods at prices lower than the list price.they pay after reduction in price called net prices.
The differences of list price and net price is TRADE DISCOUNTS.

Trade discount = list pice - net price
for examples:
the list price of a leather belt is RM180. A trade discount of 30% is offered. what is the net price of the belt?
solution:
list price = RM180
trade discount = 30% from 180
=RM54
net price =RM180-RM54
=RM126