Mountain Equipment Co-op has purchased a college backpack for $50 after discounts of 20%, 8%, and 10%. What is the list price for the backpack? What single discount is equivalent to the three discounts?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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Mountain Equipment Co-op has purchased a college backpack for $50 after discounts of 20%, 8%, and 10%. What is the list price for the backpack? What single discount is equivalent to the three discounts?

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