You first need to find 20% of the original list price of $117.

- ($117)(0.20) = $23.40

Because this is a discount you subtract this amount from the original list price.

- $117 - $23.40 = $93.60

The company then decided to lower the price to $50.04 **(a difference
of $43.56).** In order to find the amount of the additional
discount, you can use the equation $50.04 = (x%)($93.60)

- x% = $50.04/$93.60 = 0.53461538 `~~` 53.46%

So, **a) The net price is $93.60**

** b)$43.56 was taken off of the net
price**

** c) The additional rate of discount
offered `~~` 53.46%**` `

$117 less 20% is 117(.80) = 93.60

a) **The net price is $93.60.**

b) `93.60 - 50.04 = 43.56`

**$43.56 was taken off the net price.**

c) `93.60(x) = 50.04`

`x = 50.04/93.6 ~~.534615`

**An additional rate of 53.46% was offered.**

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