A product with an MSRP of $250.00 receives a trade discount of 35% and then a volume

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A product with an MSRP of $250.00 receives a trade discount of 35% and then a volume discount of 15% (apply these in a series, one and then the other, don’t just add the two rates).

What is its final net price? (rounded to nearest cent)

What is the single, equivalent discount rate? (written as a percent rounded to two decimal places)

Tip: Rate = overall discount/original value

Related Book For answer-question

Fundamentals of Physics

ISBN: 978-0471758013

8th Extended edition

Authors: Jearl Walker, Halliday Resnick

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Posted Date: May 09, 2023 12:45 AM

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A product with an MSRP of $250.00 receives a trade discount of 35% and then a volume

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To calculate the final net price after both discounts we need ... View the full answer

Fundamentals of Physics

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