Answer:
27.3%.
Step-by-step explanation:
We have been given that the list price for a window is $220. Net price is $160.
First of all, we will find amount of discount by subtracting $160 from $220.
[tex]\text{Amount of discount}=\$220-\$160[/tex]
[tex]\text{Amount of discount}=\$60[/tex]
To find the trade discount, we will find 60 is what percent of 220.
[tex]\text{Trade discount rate}=\frac{60}{220}\times 100[/tex]
[tex]\text{Trade discount rate}=\frac{6}{22}\times 100[/tex]
[tex]\text{Trade discount rate}=0.272727\times 100[/tex]
[tex]\text{Trade discount rate}=27.2727\%\approx 27.3\%[/tex]
Therefore, the trade discount rate is 27.3%.
