Question #170177

A retail kiosk has listed a pair of sunglasses for $136 less 30%. A department store in the shopping mall lists the same model for $126 less 20%, less an additional 15%. What additional rate of discount must the kiosk give to meet the department store price?


1
Expert's answer
2021-03-10T15:13:37-0500

Discounted price for retail kiosk =0.70×136=0.70 × 136

=$95.20=\$95.20

For department store in the shopping mall:

First discounted price =0.8×126=0.8 × 126

=$100.80=\$100.80

Final discounted price =0.85×100.80=0.85 × 100.80

=$85.68=\$85.68

Difference between retail kiosk and department store 

=95.2085.68=95.20 – 85.68

=$9.52=\$9.52

Additional discount rate required =9.52/95.20=9.52/95.20

=0.1=0.1

=10=10 percent


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