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

Question

Marlie Randolph

Business

7 November, 17:25

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

+3

Answers (1)

Know the Answer?

Molly Black · Answer 1

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.

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 thefinal price

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