No, the customer is not correct. It may appear that prices have risen by 20% because there was a previous 20% off sale, but these two percentages do not cancel each other out.
If the original price of an item was $100, with a 20% off sale, the customer would have only paid $80. If, after the sale, the price increased by 20%, it would be calculated by adding 20% of $80 ($16) to the sale price, resulting in a final price of $96.
So, the customer is mistaken in thinking that the prices have risen by 20% in a day. In reality, the prices have only increased by approximately 20% of the discounted price.
a furniture shop has a 20% off sale.
at the end of the sale, a customer complains that prices have risen by 20% in a day. Is the customer correct? Explain your answer.
3 answers
Boo
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