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Honest Ed Sells a Product for $225

Question 158

Essay

Honest Ed sells a product for $225.00 less 7.5% and 5%. Factory Direct carries the same product for $209.99 less 5%. What further discount must Factory Direct allow so that its net price will be the same as that of Honest Ed?

Correct Answer:

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Net price at Honest Ed = 225(1-0.075)(1-...

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