ABC company offers an item for RM 300 less 20% whilst XYZ company offers the same item for RM 320 less 40%. Find i. the net prices of the item offered by the two shops. ii. the further discount percentage that must be offered by the shop that sells at a higher net price in order to meet the competitor’s price.
ABC company offers an item for RM 300 less 20% whilst XYZ company offers the same item for RM 320 less 40%. Find i. the net prices of the item offered by the two shops. ii. the further discount percentage that must be offered by the shop that sells at a higher net price in order to meet the competitor’s price.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ABC company offers an item for RM 300 less 20% whilst XYZ company offers the same
item for RM 320 less 40%. Find
i. the net prices of the item offered by the two shops.
ii. the further discount percentage that must be offered by the shop that sells at a
higher net price in order to meet the competitor’s price.
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