I interpret a " 19/14 chain discount" to mean
a 19% discount , followed by a 14% discount
Manufacturer A's final price = (.81)(.86)
= .6966
The equivalent single discount is 1-.6966
or 30.34 %
other dealer's final price = (.76)(.88) = .6688
Sincle discount = 1-.6688 or 33.12 %
Which is the better deal?
Home Depot wants to buy a new line of fertilizers. Manufacturer A offers a 19/14 chain discount. Manufacturer B offers a 24/12 chain discount. Both manufacturers have the same list price.
2 answers
Home Depot wants to buy a new line of fertilizers. Manufacturer A offers a 20/10 chain discount. Manufacturer B offers a 26/14 chain discount. Both manufacturers have the same list price.a. What is the percentage of discount for both manufacturers? (Do not round intermediate calculations. Round your final answers to the nearest hundredth percent.)