Determine the Equivalent Single Rate of Discount for the Following

question 111

Multiple Choice

Determine the equivalent single rate of discount for the following series of discounts. Discount of 17.25%, 14.7% and 16.37%.

• A) 40.969%
• B) 42.838%
• C) 41.223%
• D) 41.162%
• E) 43.084%

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Definitions:

Tokenism

The practice of including one or a small number of members of a minority group to create the appearance of representation, inclusion, and nondiscrimination, without ever giving these members access to power.

Equal Opportunity

A principle of fairness where individuals are treated without bias, irrespective of their background, race, or gender, especially in employment and education.

Administrative Assistants

Professionals responsible for managing office tasks, supporting staff, and facilitating internal communication to ensure organizational efficiency.

Mid-Level Executives

Managers who oversee the functions of junior staff while reporting to senior management, playing a crucial role in implementing organizational policies.