Problema Solution
2. Books listed at P400 are offered for 15% off the list price. What additional discount rate must be offered to make the net price P380?
Answer provided by our tutors
400 / 15% = 26.6 which is 1% of books price,380/26.6 = 14,28%
so this aditional discount must be offered 15-14.28 = 0.72 %