The single discount that is equivalent to a series of 40 and 20 is 20.
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A single trade discount is only one discount for example 30% a series would be a discount of 20/10/5. Do not add them together they have to be taken separately.
A single trade discount is one discount like 30% where as a series discount is more then one like 20/10/5 but can not be added together, have to be discounted seperately.
5/8/20
20% discount is one fifth off.
the answer is $7.00. turn 20% to a decimal .20 multiply $35.00 by .20 and you will get 7