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Question 1: Dell's Motorbike Shop receives the following trade discounts: 35/25/15. The vendor's price list indicates that 35% off list price is for purchasing motorbikes

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Question 1: Dell's Motorbike Shop receives the following trade discounts: 35/25/15. The vendor's price list indicates that 35% off list price is for purchasing motorbikes in quantities of 100 or more, 25% off list price is for assembling the motorbikes for customers, and 15% is for sales promotion and local advertising. a. If the manufacturer's list price is $470, what should Dell pay for each motorbike if he orders 110 motorbikes at a time, assembles the motorbikes, and displays and advertises them? b. What is Dell's single equivalent discount rate? c. How much will Dell pay the manufacturer for each motorbike if he orders ten motorbikes at a time and takes advantage of the other discounts

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