Question

a supplier offers a series discount of 20/10/10/20. find the net cost equivalent and the single discount equivalent.
the net cost equivalent is .5184.
(round to four decimal places as needed.)
the single discount equivalent is \\(\square\\)%
(round to two decimal places as needed.)

Explanation:

Step1: Recall single discount formula

The single discount equivalent is calculated as \(1 - \text{net cost equivalent}\).

Step2: Substitute net cost equivalent

Given net cost equivalent is \(0.5184\), so single discount equivalent (in decimal) is \(1 - 0.5184 = 0.4816\).

Step3: Convert to percentage

To convert to percentage, multiply by \(100\): \(0.4816\times100 = 48.16\%\).

Answer:

48.16