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ore has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states you receive an additional 10 % off any sale price.  If you plan to purchase an item that sells for $23, what will your total discount be (a) in dollar amount and (b) in percent?

ore has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states you receive an additional 10 % off any sale price.  If you plan to purchase an item that sells for $23, what will your total discount be (a) in dollar amount and (b) in percent?

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter2: The Accounting Information System
Section: Chapter Questions
Problem 35E
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A store has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states you receive an additional 10 % off any sale price.  If you plan to purchase an item that sells for $23, what will your total discount be (a) in dollar amount and (b) in percent? 

 

Problem Set 1 Part 1 - ធ < > Problem Set 1 Part 1 These problems focus on percent. The related text information is chapter 7 section 7-1. Examples 3,4, 5, 7, 8 will be helpful. Only do the one question that corresponds to your assigned number. Do not answer all of the questions. Be sure that you show all of your work to reach your answer. Each step must be on a separate line. Your method to reach your answer must be clear and include explanations. Round money to the nearest cents. Example $46.778 rounds to $46.78 Round answers with decimals to the nearest hundredth. Example: 876.4567 rounds to 876.46 Example: 34.321 rounds to 34.32 Only round when you have reached a final answer. Do not round during the steps to reach the final answer. Use the longer number that your calculator gives you. Final answers
Transcribed Image Text:Problem Set 1 Part 1 - ធ < > Problem Set 1 Part 1 These problems focus on percent. The related text information is chapter 7 section 7-1. Examples 3,4, 5, 7, 8 will be helpful. Only do the one question that corresponds to your assigned number. Do not answer all of the questions. Be sure that you show all of your work to reach your answer. Each step must be on a separate line. Your method to reach your answer must be clear and include explanations. Round money to the nearest cents. Example $46.778 rounds to $46.78 Round answers with decimals to the nearest hundredth. Example: 876.4567 rounds to 876.46 Example: 34.321 rounds to 34.32 Only round when you have reached a final answer. Do not round during the steps to reach the final answer. Use the longer number that your calculator gives you. Final answers
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