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16 Sep 2014, 01:07
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Previously, Electra cardholders received a 6% discount on any item at Electra supermarkets. Due to inflation, though, all item prices in the Electra supermarket increased by 20%. If the dollar amount of the discount remained unchanged for any item, what is the new discount percentage on an item's price?
A. 4.0
B. 4.5
C. 4.8
D. 5.0
E. 5.5
A. 4.0
B. 4.5
C. 4.8
D. 5.0
E. 5.5
16 Sep 2014, 01:07
Kudos
Bookmarks
Official Solution:
Previously, Electra cardholders received a 6% discount on any item at Electra supermarkets. Due to inflation, though, all item prices in the Electra supermarket increased by 20%. If the dollar amount of the discount remained unchanged for any item, what is the new discount percentage on an item's price?
A. 4.0
B. 4.5
C. 4.8
D. 5.0
E. 5.5
Suppose the price of a specific item at the supermarket was $100. In that case, the discount applied to this item was $6.
After the price increase, this item now costs $120. However, the discount remains $6, which equates to \(\frac{6}{120} *100\% = 5\%\) of the new price.
Answer: D
Previously, Electra cardholders received a 6% discount on any item at Electra supermarkets. Due to inflation, though, all item prices in the Electra supermarket increased by 20%. If the dollar amount of the discount remained unchanged for any item, what is the new discount percentage on an item's price?
A. 4.0
B. 4.5
C. 4.8
D. 5.0
E. 5.5
Suppose the price of a specific item at the supermarket was $100. In that case, the discount applied to this item was $6.
After the price increase, this item now costs $120. However, the discount remains $6, which equates to \(\frac{6}{120} *100\% = 5\%\) of the new price.
Answer: D
21 Oct 2023, 11:29
Kudos
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I have edited the question and the solution by adding more details to enhance its clarity. I hope it is now easier to understand.
