5. Motorcycle shop A sells brand new motor bikes at Php42,250 less 10%. Shop B, on the other hand, sells the same brand of motor bikes for Php38,000 less 5%. Find the additional discount rate shop A must give its customers if it wants to match the selling price of shop B.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 10MC
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5. Motorcycle shop A sells brand new motor bikes at Php42,250 less 10%.
Shop B, on the other hand, sells the same brand of motor bikes for
Php38,000 less 5%. Find the additional discount rate shop A must give its
customers if it wants to match the selling price of shop B.
Transcribed Image Text:5. Motorcycle shop A sells brand new motor bikes at Php42,250 less 10%. Shop B, on the other hand, sells the same brand of motor bikes for Php38,000 less 5%. Find the additional discount rate shop A must give its customers if it wants to match the selling price of shop B.
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