A boutique orders a set of 15 handcrafted leather jackets, listed at $200 each, paying a total package price of $2,460. What is the discount percentage provided on this bulk transaction?
Correct Answer :
18%
Solution :
The correct option is 18%.
To find the discount percentage provided on this bulk transaction, we can follow these step-by-step calculations:
Step 1: Calculate the total listed price for all jackets.
The boutique orders 15 handcrafted leather jackets, listed at $200 each.
Step 2: Determine the total discount amount.
The boutique pays a total package price of $2,460 instead of the full listed price of $3,000.
Step 3: Calculate the discount percentage.
The discount percentage is calculated by dividing the discount amount by the total listed price and multiplying the result by 100%:
Substitute the calculated values into the formula:
Therefore, the discount percentage provided on this bulk transaction is 18%.
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