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by ketkoag » Wed Jun 10, 2009 3:03 am
5 products are purchased as a whole, the price is $57.5. If they are purchased separately, two of them are $10.45 each, two are 12.05 each, and the last one is $17.5. How much percent of the total cost in the second way can be saved in the first way?

[spoiler]My ans: 8 %, please correct me If I am wrong. [/spoiler]
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Source: — Problem Solving |

by sacx » Wed Jun 10, 2009 3:12 am
yes you are right...it will be 8%
SACX
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by sreak1089 » Wed Jun 10, 2009 3:15 am
I beleive its right.

Total cost in 2nd way == (20.9 + 24.1 + 17.5) = 62.5

Cost that could have been saved = ((62.5 - 57.5) / 62.5) * 100 = 8%
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by ketkoag » Wed Jun 10, 2009 3:15 am
thanks..
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