A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of 14
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Answer:
40% . The single reduction together is 40%.
Step-by-step explanation:
Let the bicycle cost is x before reduced price.
First 25% is reduced and again 20% further reduced.
Let the single reduction is y% if the two reduction together are equal.
Solution,
Case .1
reduction cost%
The cost of bicycle after reduction of 25% is
cost of reduction further reduction of 20% %
The new cost of bicycle is further reduction of 20% is
Case.2
if single reduction is done new cost of cycle is equal
%=
%
single reduction of a cycle is 40%