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What is the single equivalent rate of discount

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Question - In an online ad, a specialty coffee maker was listed at the price of $299.99. To promote sales, the retailer offered "$120 off" if the coffee maker is purchased in the store. Also, if the buyer purchases the coffee maker within three days, a further discount of $34 off the price is given.

What is the single equivalent rate of discount, if the buyer takes advantage of both offers? Please explain in full detail.

Reference no: EM132595577

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