If a brand of batteries is sold normally at $19.95 each by a manufacture to its outlets and a retail chain agrees to buy 20,000 batteries at a price of $15.75 each, how much of a discount is the manufacturer offering if he accepts the chain store's price? %

The 21.1% discount is the manufacturer offering if he accepts the  

chain store's price .

Step-by-step explanation:

Formula

As given

If a brand of batteries is sold normally at $19.95 each by a manufacture to its outlets .

A retail chain agrees to buy 20,000 batteries at a price of $15.75 each.

Cost  of 20000 batteries when sells at the cost of  $19.95 = 20000 × 19.95

                                                                                                 = $399000

Cost  of 20000 batteries when sells at the cost of  $15.75 = 20000 × 15.75

                                                                                                 = $315000

Discount Price = Cost  of 20000 batteries when sells at the cost of  $19.95 - Cost  of 20000 batteries when sells at the cost of  $15.75 .

Putting all the value of in the above equation

Discount Price = $399000 - $315000

                         = $84000

Putting all the value in the formula

Discount % = 21.1% (Approx)

Therefore the 21.1% discount is the manufacturer offering if he accepts the  

chain store's price .

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step-by-step explanation: