A garden set is listed for $670.84 less 32%, 11%, 6%. (a) What is the net...

A garden set is listed for $670.84 less 32%, 11%, 6%.

(a) What is the net price?

(b) What is the total amount of discount allowed?

(c) What is the exact single rate of discount that was allowed?

Expert Solution

a. net price = list price *(1- discount 1)*(1- discount 2)*(1- discount 3)

=>670.84*(1-0.32)*(1-0.11)*(1-0.06)

=>$381.63.

b. Total amount of discount allowed = list price - net price

=>670.84 - 381.63

=>289.21.

c. single rate of discount = total discount / list price *100

=>289.21 / 670.84 *100

=>43.11%.

jeff jeffy answered 2 years ago

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