Question
A wholesaler listed a food additive for $50.00 per kg. Last winter, he offered 19.00% and 11.00% discounts to a retailer. Round your answer to
A wholesaler listed a food additive for $50.00 per kg. Last winter, he offered 19.00% and 11.00% discounts to a retailer. Round your answer to 2 decimal places.
a) calculate the net price to the retailer
b) Calculate the single equivalent discount rate
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Financial & Managerial Accounting
Authors: Carl Warren
12th Edition
1285534646, 978-1133952428
