An invoice quotes a price of $620, subject to discount of 30%, 15%, and 5% what is the selling price
434
350.46
To determine the selling price after the discounts, we need to subtract the discount amount from the original price.
First, calculate the discount amounts step by step:
Discount 1: 30% of $620
Discount 1 = 30/100 * $620
Discount 1 = $186
Now, subtract Discount 1 from the original price:
$620 - $186 = $434
Next, calculate the Discount 2:
Discount 2: 15% of $434
Discount 2 = 15/100 * $434
Discount 2 = $65.1
Subtract Discount 2 from the previous amount:
$434 - $65.1 = $368.9
Finally, calculate Discount 3:
Discount 3: 5% of $368.9
Discount 3 = 5/100 * $368.9
Discount 3 = $18.45
Subtract Discount 3 from the previous amount:
$368.9 - $18.45 = $350.45
Therefore, the selling price after applying all the discounts is $350.45.