using complements (with respect to 1) of the single discounts, find the net cost equivalent for the discount…

using complements (with respect to 1) of the single discounts, find the net cost equivalent for the discount 10/30/5. the net cost equivalent is

using complements (with respect to 1) of the single discounts, find the net cost equivalent for the discount 10/30/5. the net cost equivalent is

Answer

Explanation:

Step1: Find complements of discounts

The complement of 10% (or 0.1) is $1 - 0.1=0.9$, the complement of 30% (or 0.3) is $1 - 0.3 = 0.7$, and the complement of 5% (or 0.05) is $1 - 0.05=0.95$.

Step2: Calculate net - cost equivalent

Multiply the complements together: $0.9\times0.7\times0.95 = 0.5985$.

Answer:

$0.5985$