An equipment is listed at OMR 12,500 and a series of discounts was given as 20%, 15% and 5%. Which of the following is the single equivalent discount rate? O a. 53.4% O b. 46.6% O c. 35.4% O d. 64.6%

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 46CR
icon
Related questions
icon
Concept explainers
Topic Video
Question
An equipment is listed at OMR 12,500 and a series of discounts was given as 20%, 15% and 5%. Which of the following is
the single equivalent discount rate?
a. 53.4%
O b. 46.6%
O c. 35.4%
O d. 64.6%
Transcribed Image Text:An equipment is listed at OMR 12,500 and a series of discounts was given as 20%, 15% and 5%. Which of the following is the single equivalent discount rate? a. 53.4% O b. 46.6% O c. 35.4% O d. 64.6%
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,