Multiple choice

Two dealers X and Y selling the same model of refrigerator mark them under the same selling prices. X gives successive discounts of 25% and 5% and Y gives successive discounts of 16% and 12%. From whom is it more profitable to purchase the refrigerator?

  1. From X

  2. From Y

  3. Indifferent between the two

  4. Cannot be determine

  5. Both X and Y

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

X: Final price = P × 0.75 × 0.95 = 0.7125P (effective discount 28.75%). Y: Final price = P × 0.84 × 0.88 = 0.7392P (effective discount 26.08%). Lower final price from X means more profitable.