The net price of an item after trade discounts of 18%, 9.5%, and 1.5% is $2,470.67. a. What is the list price of the item? b. Calculate a single equivalent trade discount rate of the series of discount rates.   A distributor of batteries received complete payment of $8,300.50 for ten automobile batteries that it sold to a wholesaler after a trade discount of 15%. a. What was the list price of each battery? b. What was the amount of discount offered for each battery?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The net price of an item after trade discounts of 18%, 9.5%, and 1.5% is $2,470.67.
a. What is the list price of the item?
b. Calculate a single equivalent trade discount rate of the series of discount rates.
 
A distributor of batteries received complete payment of $8,300.50 for ten automobile batteries that it sold to a wholesaler after a trade discount of 15%.
a. What was the list price of each battery?
b. What was the amount of discount offered for each battery?
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