If a “Buy 3, Get 1” sales promotion offer is changed to “Buy 2, Get 1”, what is the additional percentage of discount given?
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I think the answer would be 25%.
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Given : buy 3 get 1 sales promotion of a is changed to buy 2 get 1
To find : what is the additional percentage of discount given.
Solution:
Let say price of 1 item = P
buy 3 get 1 sales promotion
=> Total price = 4P
Price charged = 3P
Discount = 4P-3P = P
Discount % = (P/4P) * 100 = 25 %
buy 2 get 1 sales promotion
=> Total price = 3P
Price charged = 2P
Discount =3P-2P = P
Discount % = (P/3P) * 100 = 33.33 %
additional percentage of discount given = 33.33 - 25 = 8.33%
8.33% additional discount given
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