A net price equivalent rate of .74225 means that for each $10 the buyer's cost will be approximately 74 cents.
Correct Answer:
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Q3: The net price equivalent rate helps one
Q4: A radio with a net price of
Q6: Chain discounts sometimes may be added together.
Q7: The complement of 25% is 52%.
Q8: The single equivalent discount rate is found
Q9: A chain discount is a series of
Q10: The net price equivalent rate should be
Q12: List price × trade discount rate =
Q16: Sellers' catalogs list only the net price.
Q19: Trade discounts represent increases to the purchase
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