Question: . Question 7 Question 7 If an item with a list price of $250 is discohted under a series of trade discounts of 30.5%, 190/0,

Question 7 If an item with a list price of $250 is

discohted under a series of trade discounts of 30.5%, 190/0, and 1.5%,

. Question 7

Question 7 If an item with a list price of $250 is discohted under a series of trade discounts of 30.5%, 190/0, and 1.5%, a) what is the single equivalent discouni ate representing all the three discount rates? b) what is the net price? $ % (round to two decima/ places) (round to two decima/ places)

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