Single equivalent discount rate calculator
What are the steps to calculate the single equivalent discount rate? Is this rate off the list or net price? Explain why this calculation of a single equivalent discount rate may not always be needed. A series discount simply refers to more than one discount in a series. In this question, we are first asked to find the net cost equivalent of a series discount, and then the single discount equivalent. This single discount is equal to the series discount, expressed as a single percentage.