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3 years ago

3. A dealer altered his trade discount from 15% to 10%. By whatpercent was selling price altered?

Mathematics

1 answer:

BabaBlast [244]3 years ago

6 0

Answer:

Regular selling price (price before discount) 100%.

Price after trade discount of 15% is 85% of regular selling price..

Price after trade discount reduced to 10% is 90% of regular selling price.

By reducing the trade discount from 15% to 10% meant increasing the selling price by 5% of the selling price before applying the trade discount.

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