A new model car was not selling as expected and the base retail price was lowered by 5% to increase sales. A customer haggled on the price and negotiated a final agreed price of 90% of the retail price. How much did the customer save off the retail price?	Choose the correct choice from the following:  A) 10.5 %  B) 11.5 %  C) 12.5 %  D) 13.5 %  E) 14.5 %

Rationale: quantity x rate = price 1 x 1 = 1 0.9 x 0.95 = 0.855 decrease in price = ( 0.145 / 1 ) ã — 100 = 14.5 % answer = option e
Answer: E