no because you don't add the percents together
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128%
Not necessarily. It depends on whether the 3% is based on the already discounted price or the original full price: eg original price 100, less 5% = 95. Taking 3% off this is a further 2.85 giving a new nett of 92.15. A straight 8% would leave 92 exactly...
Discount divided by original price gives you a decimal which you then multiply by 100. This equals percent of discount Eg: $15 discount, $80 original price 15 / 80 = 0.1875 x 100 = 18.75%
35.50
The original price was $6.88