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business math Q10: During Ramadan sale, a local furniture Al Maha retail store is offering 20% discount on the chairs priced at 85 OMR and
business math
Q10: During Ramadan sale, a local furniture Al Maha retail store is offering 20% discount on the chairs priced at 85 OMR and selling a table for OMR 250 after a discount (markdown) of 45% on the regular price. Ms. Maryam Al Hinai a professional engineering consultant is interested to buy 04 chairs and 04 tables. Later on she came to know that another furniture store Al Bayan furniture was offering flat 30% discount on the chairs and tables priced at the same original selling price (before discount) and quality of Al Maha retail. a) Al Maha or Al Bayan, which deal will be better for Ms. Maryam and Why? b) Discounts will reduce the profitability of the seller. Discuss with reasons. c) Discounts are only offered on price. Explain with reasons (3+1+1=5 Marks) Step by Step Solution
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