A clothing retail store offers a discount at the rate of 10% on the customer bill if the purchase exceeds $100. The owner of the store wishes to know the total amount that has been discounted on the customers' purchases on a particular day. The purchase amount for each of the 12 customers who visited the store on that day is given below. Use the IF and SUM functions to find the total amount discounted on this single day purchases.
Definitions:
Exceptional Coverage
Special or unusual insurance coverage that goes beyond the standard policy, catering to specific or extraordinary needs.
Adjuster
A professional who investigates insurance claims to determine the extent of the insurer's liability.
Donee Beneficiary
A third party who benefits from a contract made between two other parties, primarily in contexts like insurance or gifts.
Third-Party
An individual or group besides the two primarily involved in a contract or transaction.
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