Answers

2016-01-08T20:09:09+08:00
First, we need to find the discounted price in November.

Discounted price = base - (base × rate)
Discounted price = 70 000 - (70 000 × .20)
Discounted price = 70 000 - 14 000
Discounted price = P 56 000 - Discounted price in November.

Then...
Discounted Price = base - (base × rate)
Discounted Price = 56 000 - (56 000 × .25)
Discounted Price = 56 000 - 14 000
Discounted Price = P 42 000 - Discounted price in December.
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