QUESTION IMAGE
Question
the elevator pitch math quiz
question 5 of 10: angel plans to get his new product into walmart. if he plans to sell 10,000 units to walmart at $45 each, but walmart negotiates a 20% discount, how much revenue has angel lost compared to his original plan?
a) $70,000
b) $80,000
c) $90,000
d) $95,000
Step1: Calculate the discount amount per unit
The discount rate is 20% and the original price per unit is $45. The discount amount per unit is $45\times20\%=45\times0.2 = 9$.
Step2: Calculate the total revenue loss
He plans to sell 10,000 units. The total revenue loss is the discount amount per unit times the number of units, so $9\times10000 = 90000$.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. $90,000