
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 64
Answer the following questions based on the Leisure Time Industries invoice on the following page.
a. What is the net price factor of the trade discount series 20/15/11?
b. What is the single equivalent discount?
a. What is the net price factor of the trade discount series 20/15/11?
b. What is the single equivalent discount?
Explanation
a)
The Trade discount rate is
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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