An item is listed at $650 less 15%, 8%, and 3%. a. What is the net...
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An item is listed at $650 less 15%, 8%, and 3%. a. What is the net price of the item? Round to the nearest cent b. What is the equivalent single trade discount rate of the given series of discounts? c. What is the amount of discount offered? Round to the nearest cent An item is listed at $650 less 15%, 8%, and 3%. a. What is the net price of the item? Round to the nearest cent b. What is the equivalent single trade discount rate of the given series of discounts? c. What is the amount of discount offered? Round to the nearest cent
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Answer rating: 100% (QA)
SOLUTION a To find the net price of the item we need to apply the discounts successively First we apply a discount of 15 650 15100 650 55250 The price ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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