during a special seasonal sale,a wholesaler allows retailers trade discount of 15% and 10% for prompt cash payment.Calculate the cash price of an article which is marked 115 cedis​

Respuesta :

The cash price of the article is 88 cedis.

In this question, the article has a price, but paid in cash, there are two discounts.

  • Price of 115 cedis.
  • Discount of 15%, thus, 1 - 0.15 = 0.85 is paid, that is, the price is multiplied by 0.85.
  • Discount of 10%, thus 1 - 0.1 = 0.9 is paid, that is, the price is also multiplied by 0.9.

Thus, the cash price is:

[tex]P = 115\times0.85\times0.9 = 88[/tex]

The cash price of the article is 88 cedis.

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