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Under a sale offer, Tanvir was offered a 32% discount on the part of the marked price that was paid in cash, but had to add
1.2% on the part of the marked price paid through a credit card. If Tanvir paid 75% of the marked price in cash and the rest
through a credit card, what percentage of the marked price was his total final payment?
76.6%
75.9%
76.1%
76.3%
- Tanvir paid 75% of the marked price in cash and received a 32% discount on this portion.
- Effective payment in cash = 75% - (32% of 75%) = 75% - 24% = 51%.
- Tanvir paid 25% of the marked price using a credit card, with an additional charge of 1.2%.
- Effective payment by credit card = 25% + (1.2% of 25%) = 25% + 0.3% = 25.3%.
- Total payment as a percentage of the marked price = Cash payment + Credit card payment = 51% + 25.3% = 76.3%
- Therefore, the total payment is 76.3% of the marked price.
- Option 4: 76.3% is correct.
By: santosh ProfileResourcesReport error
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