Question
A computer had an original list price of $500.00. Multiple discounts of 30%, 20% and 7 2/3 % were given. Determine: (a) What was the
A computer had an original list price of $500.00. Multiple discounts of 30%, 20% and 7 2/3 % were given.
Determine:
(a) What was the net price?
(b) What was the amount of discount?
(c) What was the single equivalent rate of discount?
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International Accounting
Authors: Timothy Doupnik, Hector Perera
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