The net price of an item after trade discounts of 40.00%, 12.50%, and 5.50% is $3,460.00. a. Calculate the regular selling price of the goods. Round to the nearest cent b. Calculate the equivalent discount rate of the series of discount rates. % Round to two decimal places
The net price of an item after trade discounts of 40.00%, 12.50%, and 5.50% is $3,460.00. a. Calculate the regular selling price of the goods. Round to the nearest cent b. Calculate the equivalent discount rate of the series of discount rates. % Round to two decimal places
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1DE
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The net price of an item after trade discounts of 40.00%, 12.50%, and 5.50% is $3,460.00.
a. Calculate the regular selling price of the goods.
Round to the nearest cent
b. Calculate the equivalent discount rate of the series of discount rates.
%
Round to two decimal places
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