1. The problem states that a store offers trade discounts of 15/10 on a list price of 2000.
2. Trade discounts are successive discounts applied one after the other, not added together.
3. First, calculate the price after the first discount of 15%:
$$2000 \times (1 - 0.15) = 2000 \times 0.85 = 1700$$
4. Next, apply the second discount of 10% on the new price:
$$1700 \times (1 - 0.10) = 1700 \times 0.90 = 1530$$
5. Therefore, the net price after both trade discounts is 1530.
6. The correct answer is option a. 1530.
Trade Discount
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