Imagine the manufacturer of Claude Montana perfume quotes a retail price of $75 on one bottle of the French designer's signature perfume and offers trade discounts of 30 percent to retailers and 15 percent to wholesalers. The perfume manufacturer would receive _____ per bottle in revenue.

Question

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The manufacturer offers a 30% discount to retailers, so the revenue from retailers would be 70% of the retail price ($75 * 0.70 = $52.50). Then, a 15% discount on this price for wholesalers means the revenue from wholesalers is 85% of $52.50 ($52.50 * 0.85 = $44.625), which rounds to $44.63.

Imagine the Manufacturer of Claude Montana Perfume Quotes a Retail