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qid 254 · business
Question: A typewriter is priced at $80, less series discounts of 20%, 10%, 5%. What is the net price?
- $46.08
- $56.00
- $65.00
- $60.00
- $54.72
- $62.40
- $52.00
- $58.40
- $50.00
- $48.00
Our answer: E. $54.72 Source quote machine-checked (exact quote)
How it was answered
Multi-step solver (maze), replayed by code
Current source
Business Math (Olivier), Mathematics LibreTexts, 6.01 Figuring Out the Cost - Discounts
“The second discount is always applied to the net price after the first discount is applied. Therefore, the second discount has a smaller base upon which it is calculated.”
Source quote machine-checked (exact quote)
Earlier version (superseded)
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