ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the price of an $80 duvet after a 15% off promotion is applied?
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$79.85
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$68.00
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$65.00
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$12.00
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Explanation:
Detailed explanation-1: -To determine the discount percentage given the original and the discounted price, you need to apply the following formula: Discount = 100 × (Original price-Discounted price) / Original price .
Detailed explanation-2: -Divide your original number by 20 (halve it then divide by 10). Multiply this new number by 3. Subtract the number from step 2 off of your original number. You’ve just found your percentage off! 09-Jan-2023
Detailed explanation-3: -Find the original price (for example $90 ) Get the the discount percentage (for example 20% ) Calculate the savings: 20% of $90 = $18. Subtract the savings from the original price to get the sale price: $90-$18 = $72. You’re all set! 29-Dec-2022
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