Question
A company manufactures two products, A and B, with
production costs of 150 and 200, respectively. To meet market demand, the company raises the price of Product A by 30% and Product B by 20%. Following the price hike, a 10% discount is applied to both products. What are the final selling prices of Products A and B after the discount?Solution
Increased price of product A = 130% of 150 = 195 Increased price of product B = 120% of 200 = 240 Total price of both product = 195+240 = 435 Final selling price after applying 10% discount = 90% of 435 = 391.5
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