Determine the Equivalent Single Rate of Discount for the Following

question 100

Multiple Choice

Determine the equivalent single rate of discount for the following series of discounts. Discount of 20%, 15% and 5%.

• A) 35.4%
• B) 66.0%
• C) 2.85%
• D) 83.85%
• E) 28.5%

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Definitions:

Distinguish

To recognize or point out the differences between two or more items, making clear the unique aspects of each.

Branding

The process of creating a unique image and identity for a product or service in the consumer's mind, using names, terms, signs, symbols, designs, or a combination of these.

Brand Personality

A set of human characteristics associated with a brand name.

Human Characteristics

Traits or features that define humans, including biological, psychological, social, and cultural attributes.