Sam's Discount Appliance Company just received a shipment of 30 washing machines. The
invoice list price for each washing machine is $365.
The manufacturer's catalogue indicates that
Sam can take the following discounts: 30/15/10 with 30 percent being the normal markup, 15
percent for free delivery and hookup, and 10 percent for local advertising and point-of-sale
displays. If Sam advertises these washers in the Sunday paper and has a prominent display in
his store, but charges $50 for delivery and setup, he will pay the vendor ________ for each
washing machine.
A) $219.00 B) $255.50 C) $217.18 D) $229.95
D
Business