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1 2 4 1 5 . 1 6 8 9 10 11 12 1 13 1 14 1 15 1 Q3) John Smith, an appliance

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1 2 4 1 5 . 1 6 8 9 10 11 12 1 13 1 14 1 15 1 Q3) John Smith, an appliance dealer, can buy a big-screen TV at a list price of $6,400 with a 25%, 10%, 10% series discount. I) Find the net price by calculating the price after each discount. 11) Determine the equivalent single discount rate. a) Net price= $3,888.00, Eq. single discount= 39.25% b) Net price= $3,888.80, Eq. single discount= 39.25% c) Net price= $3,388.00, Eq. single discount= 39.0% I

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