Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Trade discounts of 25% and 16% are applied consecutively to an item that has a list price of $750. What is the price of the

image text in transcribedimage text in transcribedimage text in transcribed

Trade discounts of 25% and 16% are applied consecutively to an item that has a list price of $750. What is the price of the item after the discount of 25%?=$ (round to the nearest cent) What is the price of the item after the discount of 16%?=$ (round to the nearest cent) A 35% discount on a smart phone amounts to $315. What is the phone's list price? Answer =$ (rounded to the nearest cent) Determine the single equivalent rate of discount for the discount series 25%,10%, and 5% (1d1)=(1d2)=(1d3)= de=[1(1d1)(1d2)(1d3)]= (rounded to four decimal places) Single Equivalent Rate of Discount = \% (rounded to two decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jeff Madura

4th Edition

0136117007, 9780136117001

More Books

Students also viewed these Finance questions

Question

14.4 Analyze in detail three basic causes of accidents.

Answered: 1 week ago