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The net price of an item after trade discounts of 3 6 . 0 0 % , 1 1 . 5 0 % , and

The net price of an item after trade discounts of 36.00%,11.50%, and 5.50% is $1,940.00.
a. Calculate the regular selling price of the goods.
Round to the nearest cent
b. Calculate the equivalent discount rate of the series of discount rates.
%
Round to two decimal places
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