Question

An electronic sensor is listed for $700.38 less 28%, 17%, 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?

Answer 1

Discount = 28 % + 17 % + 6 % = 51 %

Since the price of the electronic sensor = $ 700. 38

b ) Total Discount allowed : 51 % of $ 700.38 = $ 357. 19

a) Net price : $ 700. 38 - $ 357.19 = $ 343.19

c ) Exact single rate that was allowed : 6 % of $ 700.38 = $ 42.02