A wholesaler sells a TV for
a) Find the net price.
b) Find the amount of discount.
c) Determine the single equivalent rate of discount.
\% (round to two decimal places)
The single equivalent rate of discount is
Step 1 :Calculate the net price by applying each trade discount percentage to the original price of the TV:
Step 2 :Net price after discounts:
Step 3 :Calculate the amount of discount by subtracting the net price from the original price:
Step 4 :Amount of discount:
Step 5 :Determine the single equivalent rate of discount by calculating the overall percentage discount:
Step 6 :Single equivalent rate of discount:
Step 7 :The net price is
Step 8 :The amount of discount is
Step 9 :The single equivalent rate of discount is