Ques 1A

QUESTION 2

Determine the single equivalent rate of discount for the discount series 22%,13%, and 7%. (1d1)=(1d2)=(1d3)= de=[1(1d1)(1d2)(1d3)]= (rounded to four decimal places) Single Equivalent Rate of Discount =% (rounded to two decimal places) The price for a bike after two successive discounts of 32% and 15% is $101.15. 1. What is the single equivalent rate of discount? % (rounded to two decimal places) 2. What is the price of the bike before the two discounts? Price =$ (rounded to the nearest dollar)