Question

a supplier offers a series discount of 10/15/25. find the net cost equivalent and the single discount equivalent. the net cost equivalent is \boxed{}. (round to five decimal places as needed.)

Explanation:

Step1: Convert discounts to decimals

A 10% discount means we pay \(1 - 0.10 = 0.90\) of the original price.
A 15% discount means we pay \(1 - 0.15 = 0.85\) of the price after the first discount.
A 25% discount means we pay \(1 - 0.25 = 0.75\) of the price after the second discount.

Step2: Calculate net cost equivalent

Multiply the three decimals together:
\(0.90\times0.85\times0.75\)
First, \(0.90\times0.85 = 0.765\)
Then, \(0.765\times0.75 = 0.57375\)

Answer:

The net cost equivalent is \(0.57375\).