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Answer to Question #169897 in Math for JC

Question #169897

A motor bike was originally listed at $769.99. The price was first discounted to $550.54, followed by a final discounted price of $449.79. What was the single equivalent rate of discount at the final price? (leave answer to 2 decimal places)

1
Expert's answer
2021-03-09T07:51:47-0500

Single equivalent rate of discount"=\\dfrac{769.99-449.79}{769.99}=0.4158"


Single equivalent rate of discount is 41.58%.




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