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an infrared barbeque grill was originally listed at $769.99. the price was first discounted to$550.54, followed by a final discount of $449.79. what was the single equivalent rate of discount at the

final price

Respuesta :

muddassirmkhan95

Answer:

Single Equivalent Discount % on final price  = 41.58%

Explanation:

  • The grill was initially priced at $769.99 and was discounted to $550.54 which is 28.5% ((550.54/769.99)-1)*100
  • and then further discounted by 18.3% ((449.79/550.54)-1)*100 to $449.79.

but if we want to get the single discount rate for $449.79 (final price), we have to compare it with very first original price of $769.99 so the formula will be:

  • ((449.79/769.99)-1)*100 = 41.58% which shows the actual discount % versus the original price of the grill.  

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