Yes, the coupon rate and discount are equal.
The store offers off 10% of sales. additionally, you receive a 20% off coupon as off on every item. which means that the store has a price reduction of in total of 30%.
Moreover, a discount of 30%, hence that is a price reduction of 30%.
Taking, $100 as the price of an item
By applying 10% off of sales every time + additional off of 20% coupon then,
= [tex]\frac{30}{100}[/tex] × 100
= $30 off
So, 100-30 = $70
Now, take the 30% discount then,
= [tex]\frac{30}{100}[/tex] × 100
= $30 off
So, 100-30 = $70
A coupon is a ticket or piece of paper that can be used to get a cash discount or rebate when buying something. Retailers create and distribute coupon codes through a variety of platforms, such as their newsletters, their own websites, or other websites that advertise current offers and coupons. The term "coupon" derives from the fact that historically, bonds were issued as bearer certificates. The certificate's physical presence served as ownership proof. Coupons are an affordable and measurable way to gain more clients, sell more goods, and reactivate clients you might have lost to rival businesses. Coupons influence consumers' cost-benefit analyses, which they conduct prior to making any purchase decisions.
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