Math question 2424

Question

Chicken Little Farms gives convenience stores a trade discount of 25% on eggs listed at $43.00 per case.

 

What trade discount will Sunnyside Farms have to give on its list price of $44.50 per case to match Chicken Little's price to convenience stores? (Round your answer to two decimal places.)

Answer 1

25% discount means 75% of the price is paid

Chicken little charges 0.75 * 43 = 32.25

Since SunnySide charges 44.50,

44.50 * X = 32.25

X = 32.25/44.50 = 0.7247..... = 72.47...%

They will have to offer 100% - 72.47...% = 27.52% in order to compete