Question: Original selling price $ 5,000.00 First markdown 20% Second markdown 10% Markup 12% Final markdown 5% Required: Using the information given above, answer the following

Original selling price $ 5,000.00 First markdown 20% Second markdown 10% Markup 12% Final markdown 5% Required: Using the information given above, answer the following questions: Calculate the net price equivalent rate. Calculate the final selling price. Calculate the single equivalent discount rate (markdown percent)

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