A discount clothing store buys shirts and slacks with a list price of \( \$ 12,750 \). If the wholesaler offers trade discounts of \( 15 / 25 / 15 \), find the single equivalent discount. Select one: a. 444375 b. .357896 c. 458125 d. .352852
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To find the single equivalent discount for the stacked trade discounts of 15%, 25%, and 15%, we can use the formula for the equivalent discount: 1. Calculate the first discount: \( 1 - 0.15 = 0.85 \) (after the first discount). 2. Calculate the second discount: \( 0.85 \times (1 - 0.25) = 0.85 \times 0.75 = 0.6375 \) (after the second discount). 3. Calculate the third discount: \( 0.6375 \times (1 - 0.15) = 0.6375 \times 0.85 = 0.541875 \) (after the third discount). The single equivalent discount is then: \( 1 - 0.541875 = 0.458125 \) or 45.81%. Therefore, the answer is (c) 458125.