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:

Obvious Risks

Hazards or dangers that are clear and apparent, which a reasonable person would recognize.

Unforeseeable Consequences

Outcomes that could not reasonably be predicted or expected to result from specific actions or events.

Commonly Known Dangers

Hazards or risks that are widely recognized and understood by the general public.

Deceptive Advertising

Advertising that misleads consumers, either by unjustified claims concerning a product's performance or by failure to disclose relevant information concerning the product's composition or performance.