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A catering company buys some items with a list price of $5,000. If the supplier extends trade discount rates of 35/30/5, find the net price

A catering company buys some items with a list price of $5,000. If the supplier extends trade discount rates of 35/30/5, find the net price using the net price factor, complement method.

A photographer buys some merchandise with a list price of $7,000. If the supplier offers trade discount rates of 20/10/5, find the trade discount (in $). (Find the single equivalent discount first.)

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