Marina found a purse that regularly sells for $100 on the sale rack of her favourite store.
Question:
Marina found a purse that regularly sells for $100 on the sale rack of her favourite store. The purse was marked down by 4096. A sign on the sale rack said "Take an additional 50% off sale prices today only." Marina is convinced that she will be saving $90 on this purchase.
a. How much will Marina actually pay for the purse?
b. If the retailer had really meant to sell the purse for $10, what discount rate would it have needed to advertise in the "today only" sale?
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a Substitute d 1 040 d 2 050L 100 into N L1 d 1 1 d 2 N L1 d 1 1 d 2 1001 0401 0...View the full answer
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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