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A vendor offers a chain discount of 8/5/3. What is the net price equivalent discount rate? Question 5 options: a) 120 b) 0.00024 c) 16%

A vendor offers a chain discount of 8/5/3. What is the net price equivalent discount rate? Question 5 options: a) 120 b) 0.00024 c) 16% d) 0.8478

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