Section: Math
75)
A company offers early bird pricing of $15 on a new product if there are 10 or fewer orders. The price goes down to $12.50 if it is ordered by more than 10. Twenty end up ordering at the $15 amount. How much does the company end up offering as rebate?
Explanation
Answer 2 is correct. Twenty times $15 equals $300. Since the 10-person threshold is met, the price goes down $2.50 for each order ($2.50*20=$50).