Question:
A manufacturer offers a 20\(\%\) rebate on the marked price of a product. The retailer offers another 30\(\%\) rebate on the reduced price. The two reductions are equal to a single reduction of
A manufacturer offers a 20\(\%\) rebate on the marked price of a product. The retailer offers another 30\(\%\) rebate on the reduced price. The two reductions are equal to a single reduction of
Updated On: Oct 1, 2024
- 50\(\%\)
- 44\(\%\)
- 46\(\%\)
- 40\(\%\)
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The Correct Option is B
Solution and Explanation
The correct option is (B): 44\(\%\)
Effective discount = \(20+30-\frac{20\times30}{100}\)
\(=50-6=44\%\)
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