211k views
0 votes
Less than or equal to 70% of the sticker price refers to:

a) A discount of 30%
b) A surcharge of 70%
c) A markup of 70%
d) A decrease of 70%

1 Answer

1 vote

Final answer:

A price that is less than or equal to 70% of the sticker price indicates a 30% discount from the original price. It means the customer pays no more than 70% of the original price, making the corresponding answer a discount of 30%.

Step-by-step explanation:

When a price is described as being less than or equal to 70% of the sticker price, this indicates that a discount is being applied. Specifically, it means that no more than 70% of the original price is being charged. The remaining percentage, in this case, 30%, is the reduction from the original price. Therefore, the correct answer would be a) A discount of 30%.

Looking at this in terms of numerical examples, if an item originally costs $100, and it is now being offered at less than or equal to 70% of this original price, the new price would be $70 or less. The reduction in price from the original is 30% of $100, which is $30, hence this represents a 30% discount.

User Naxi
by
7.3k points