Does anyone understand this stuff?

A local Radio Shack Store wants to buy a new line of Plasma TV's. Manufacturer A offers chain discounts of 18/12, while Manufacturer B offers terms of 17/13. The single equivalent discount rate of? is the best deal.

Question

Eugene Pruitt

18 July, 14:57

+2

Answers (1)

Know the Answer?

Russell · Answer 1

This question can be solved as follows:

A discount offered = (100-18) (100-12) / (100*100)

B discount offered = (100-17) (100-13) / (100*100)

Does anyone understand this stuff?A local Radio Shack Store wants to buy a new line of Plasma TV's. Manufacturer A offers chain discounts of 18/12, while Manufacturer B offers terms of 17/13. The single equivalent discount rate of? is the best deal.