Compute the amount of the trade discount and the net price using the discount method.
​​

Trade Discount

A reduction in the retail price of goods or services offered to wholesalers or those buying in bulk, often based on volume or quantity purchased.

Net Price

The actual price paid for a product or service after all discounts, rebates, and other reductions have been applied.

Discount Method

A financial calculation technique used to determine the present value of future cash flows or payments by applying a specific discount rate.