Percentages Exercise: A manufacturer offers 20% rebate on the market | HelloExamz

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Q

A manufacturer offers 20% rebate on the market price of a product. The retailer offers another 30% rebate on the...

A manufacturer offers 20% rebate on the market price of a product. The retailer offers another 30% rebate on the reduced price. The reductions are equal to a single reduction of ?

A

42%

B

50%

C

46%

D

40%

E

44%

A

42%

B

50%

C

46%

D

40%

E

44%

Solution

Let, the marked price of the product = 100Selling price of the manufacturer is = (1 − 0.2)100 = 0.8(100) =...

Let, the marked price of the product = 100
Selling price of the manufacturer is = (1 − 0.2)100
= 0.8(100) = 80
Selling price of the retailer = (1 − 0.3)80
= 0.7(80) = 56
Total reduction = 100 − 56 = 44%

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Solution

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