SOLUTION: The Glenhaven Community Center purchased computer equipment at a list price of $2140 and received a series discount of 5/12/10. Find the net cost.

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Question 1129266: The Glenhaven Community Center purchased computer equipment at a list price of $2140 and received a series discount of 5/12/10. Find the net cost.
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
(100%-5%)*(100%-12%)*(100%-10%)
0.95*0.88*0.9 = 0.7524
100% - 75.24% = 24.76% <-- this is the net chain discount (you call it a series discount, same thing)
2,140 * 0.2476 = $529.86 <-- this is the amount of the discount
2,140 - 529.86 = 1,610.14 <-- this is the net price