Suppose, Macys decides to discount Ralph Lauren dresses, originally sold for $12 rs another 10% on the discounted price a. Is it the same as giving 20% discount? Why or why not? Show al

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2.
Suppose, Macys decides to discount Ralph Lauren dresses, originally sold for $120, by 10% and
offers another 10% on the discounted price
Is it the same as giving 20% discount? Why or why not? Show all calculations.
а.
RERERER
b.
Calculate the total markdown in absolute terms after both discounts (10% + 10%)
were given.
с.
After both discounts (10% + 10%) were taken, what was the total markdown
rate?
Transcribed Image Text:2. Suppose, Macys decides to discount Ralph Lauren dresses, originally sold for $120, by 10% and offers another 10% on the discounted price Is it the same as giving 20% discount? Why or why not? Show all calculations. а. RERERER b. Calculate the total markdown in absolute terms after both discounts (10% + 10%) were given. с. After both discounts (10% + 10%) were taken, what was the total markdown rate?
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