A mechanical tool was bought in the net amount of P79, 135. If the second discount rate was 5 % of the tag price of P98, 000, what is the rate of the first discount?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.3: Equations Involving Decimals And Problem Solving
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A mechanical tool was bought in the net amount of P79, 135. If the second discount rate was 5 % of the tag price of P98, 000, what is the rate of the first discount?
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