Computer retailer \(A\) is selling a computer at a 20 percent discount from its suggested retail price. Computer retaile

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Computer retailer \(A\) is selling a computer at a 20 percent discount from its suggested retail price. Computer retailer \(B\) promises to match this price and then discount it a further 10 percent. Computer retailer \(B\)’s final price is what percent of the suggested retail price?

A. 75%
B. 72%
C. 70%
D. 68%
E. 28%

Answer: B

Source: Princeton Review
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VJesus12 wrote:
Wed Aug 26, 2020 3:39 am
Computer retailer \(A\) is selling a computer at a 20 percent discount from its suggested retail price. Computer retailer \(B\) promises to match this price and then discount it a further 10 percent. Computer retailer \(B\)’s final price is what percent of the suggested retail price?

A. 75%
B. 72%
C. 70%
D. 68%
E. 28%

Answer: B
Solution:

We can let the suggested retail price of the computer be $100. Therefore, retailer A is selling the computer for $80, and retailer B is selling it for 80 x 0.9 = $72. We see that retailer B’s final price is 72% of the suggested retail price.

Answer: B

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VJesus12 wrote:
Wed Aug 26, 2020 3:39 am
Computer retailer \(A\) is selling a computer at a 20 percent discount from its suggested retail price. Computer retailer \(B\) promises to match this price and then discount it a further 10 percent. Computer retailer \(B\)’s final price is what percent of the suggested retail price?

A. 75%
B. 72%
C. 70%
D. 68%
E. 28%

Answer: B

Source: Princeton Review
Let's assume that marked price is
\(a= \$100\)

Then, discount \(\$80\)

Therefore, \(b = \$80*0.9 = $72\) or \(72\%\) of the suggested retail price.