A shoe retailer received three trade discounts of 15% each on a pair of shoes that he

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A shoe retailer received three trade discounts of 15% each on a pair of shoes that he purchased for $42.99.

a. What was the list price of the pair of shoes?

b. What single equivalent trade discount rate represents the series of discounts received?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Sep 19, 2024 06:04 AM

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A shoe retailer received three trade discounts of 15% each on a pair of shoes that he

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Mathematics Of Business And Finance

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