document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1129157>Question 1129157</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Given a chain discount of 15/12 what will the single equivalent discount rate be? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #745707 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=745707\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "Given a chain discount of <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=15%2F12 ALIGN=MIDDLE  ALT=\"15%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" > what will the single equivalent discount rate be? <BR>\n" );
document.write( " <BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=15%2F12 ALIGN=MIDDLE  ALT=\"15%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" > means a customer might be offered <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=15 ALIGN=MIDDLE  ALT=\"15\"   DISABLED_style= \"max-width:90%; height:auto;\" >% off the list price of a particular product and then a further <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12 ALIGN=MIDDLE  ALT=\"12\"   DISABLED_style= \"max-width:90%; height:auto;\" >% for purchasing in volume\r<BR>\n" );
document.write( "\n" );
document.write( "Single equivalent discount = Chain Discounts / List Price\r<BR>\n" );
document.write( "\n" );
document.write( "In general the single equivalent rate can be calculated using the SED formula which can be stated as follows:\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=SED+=+1+-+%281-15%29 ALIGN=MIDDLE  ALT=\"SED+=+1+-+%281-15%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >% * <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281-12%29 ALIGN=MIDDLE  ALT=\"%281-12%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >%\r<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=SED+=+1+-+%281-0.15%29+%2A+%281-0.12%29+ ALIGN=MIDDLE  ALT=\"SED+=+1+-+%281-0.15%29+%2A+%281-0.12%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=SED+=+1+-+%280.85%29+%2A+%280.88%29+ ALIGN=MIDDLE  ALT=\"SED+=+1+-+%280.85%29+%2A+%280.88%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=SED+=+1+-+0.748 ALIGN=MIDDLE  ALT=\"SED+=+1+-+0.748\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( " <BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=SED+=+0.252 ALIGN=MIDDLE  ALT=\"SED+=+0.252\"   DISABLED_style= \"max-width:90%; height:auto;\" > -> the single equivalent discount rate (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=25.2 ALIGN=MIDDLE  ALT=\"25.2\"   DISABLED_style= \"max-width:90%; height:auto;\" >%)\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );