A product with an MSRP of CNY 15.00 has a promotion allowance of 15%. How much will the distributor receive in promotion allowan

Question

Vadim26 [7]

3 years ago

9

A product with an MSRP of CNY 15.00 has a promotion allowance of 15%. How much will the distributor receive in promotion allowan

ce for each unit

Business

1 answer:

MArishka [77] · Answer 1 · 2022-07-10T14:42:24+03:00

Answer: CNY 2.25

Explanation:

Promotional Allowances are discounts in price that the producers/ supplies of a product will offer to trade partners like distributors to get them to promote their products so that they sell faster.

The promotion allowance here is 15% of the Manufacturer's Suggested Retail Price of CNY 15.00 which is;

= 15% * 15

= CNY 2.25