Thursday, June 4, 2015

You make a purchase at Johnson's Discount Mart. When you take your items to the cashier, there first is a 25% discount because of the store-wide sale in effect. Then the cashier says you're spending enough to warrant an additional 10% discount. When you're ready to pay you pull out cash instead of a credit card and this gets you another discount of 3%. You pay $195.89. We'll pretend there's no tax on top of this amount. How much would you have paid without any discounts? Hint: the discounts are successive, not additive so the total discount is not 38%.

Your total bill is $195.89 after receiving discounts of 25%, 10%, and 3% successively and we are asked to find the bill without discounts.
Let x be the original total bill. Then the amount paid can be found:
(.75)(.9)(.97)x=195.89
** If there is a 25% discount then the amount due is 75% of the original price thus multiply by .75. Similarly a 10% discount is 90% and a 3% discount is .97 of the cost. We apply them in succession -- the total bill then apply a 25% discount, then apply a 10% discount to the subtotal and finally apply a discount to that subtotal. **
Dividing both sides of the equation by (.75)(.9)(.97)=.65475 we get x is approximately 299.18.
Thus the nondiscounted bill would have been $299.18

No comments:

Post a Comment

Summarize the major research findings of "Toward an experimental ecology of human development."

Based on findings of prior research, the author, Bronfenbrenner proposes that methods for natural observation research have been applied in ...