If a Product Is Discounted By $\$ 233.9$ And Is Selling For

question 102

Multiple Choice

If a product is discounted by $\$ 233.9$ and is selling for $\$ 890.1$ , what is the discount rate? Round your answer to two decimal places.

• A) 15.41%
• B) 26.28%
• C) 20.81%
• D) 35.64%
• E) 79.19%

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Definitions:

Trust

A legal arrangement in which one party holds property for the benefit of another.

Appeal

The process of seeking a higher court's review of a lower court's decision in hopes of reversing or changing the outcome.

Power of Attorney

A legal document that authorizes one person to act on behalf of another in legal or financial matters.

Express Agent Authority

Is explicitly granted by a principal to an agent to undertake actions on the principal’s behalf.