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The net price of an item after trade discounts of 32.00%, 12.50%, and 3.00% is $1,660.00. a. Calculate the regular selling price of the goods.

The net price of an item after trade discounts of 32.00%, 12.50%, and 3.00% is $1,660.00.
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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