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.57375.
(round to five decimal places as needed.)
the single discount equivalent is
% .
(round to three decimal place as needed.)

Explanation:

Step1: Recall the formula for single discount equivalent

The single discount equivalent is calculated as \(1 - \text{net cost equivalent}\), then multiply by 100 to get the percentage.
Given net cost equivalent \(= 0.57375\).

Step2: Calculate the single discount equivalent

First, find the discount amount: \(1 - 0.57375 = 0.42625\).
Then, convert this to a percentage by multiplying by 100: \(0.42625\times100 = 42.625\%\).

Answer:

42.625