Question

In: Accounting

A distributor offers a price of $100 with discounts of 35% and 10%. What is the...

A distributor offers a price of $100 with discounts of 35% and 10%. What is the final price to the customer?

-Answer suppose to be C, just need the calculations

A. $50.75
B. $55.00
C. $58.50
D. $65.00

Solutions

Expert Solution

ACTUAL PRICE = $100

LESS: INITIAL DISCOUNT @ 35% = ($100*.35) = $ 35

PRICE = $65

LESS: FURTHER DISCOUNT @ 10% = ($65*.10) =$ 6.5

   FINAL PRICE = $58.5

ekkarill92 answered 2 years ago
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