Answer:
The list price is of $650.
Step-by-step explanation:
Multipliers:
For a decrease of a%, we multiply by: [tex]\frac{100-a}{100}[/tex]
List price: x
Discounts:
15%:
[tex]\frac{100-15}{100} = \frac{85}{100} = 0.85[/tex]
10%:
[tex]\frac{100-10}{100} = \frac{90}{100} = 0.9[/tex]
4%
[tex]\frac{100-4}{100} = \frac{96}{100} = 0.96[/tex]
This means that x is multiplied by 0.85, 0.9 and 0.96.
Net price of $477.36. What is the list price?
So
[tex]0.85*0.9*0.96x = 477.36[/tex]
[tex]x = \frac{477.36}{0.85*0.9*0.96}[/tex]
[tex]x = 650[/tex]
The list price is of $650.
