C. Multiple Trade Discount 1. An item listed for Php 4 000 has been given trade discounts of 30%, 20%, and 10% by the manufacturer. What single trade discounts rate is equivalent to this series of...

C. Multiple Trade Discount
1. An item listed for Php 4 000 has been given trade discounts of 30%, 20%,
and 10% by the manufacturer. What single trade discounts rate is
equivalent to this series of discounts?
2. A starting fast-food restaurant wants to take advantage of the
economies of scale to lower down its costs. It purchases raw materials in
volume to receive as much discount as possible. A large meat shop is
giving a 5/7/11 discount for bulk buyers. Beef meat is listed at Php 240 per
kilogram. How much will the fast-food restaurant pay for buying 350
kilograms of beef meat considering the discount offered?

Extracted text: C. Multiple Trade Discount 1. An item listed for Php 4 000 has been given trade discounts of 30%, 20%, and 10% by the manufacturer. What single trade discounts rate is equivalent to this series of discounts? 2. A starting fast-food restaurant wants to take advantage of the economies of scale to lower down its costs. It purchases raw materials in volume to receive as much discount as possible. A large meat shop is giving a 5/7/11 discount for bulk buyers. Beef meat is listed at Php 240 per kilogram. How much will the fast-food restaurant pay for buying 350 kilograms of beef meat considering the discount offered?