A furniture store was having Chinese New Year discount of 30% off its usual price. The GST is at 7%. Xylia used her credit card to purchase a study table and Ethan used cash to pay for a similar study table.
- How much did Xylia pay in the end after GST? Round off your answer to the nearest cent.
- How much did Ethan pay in the end after GST? Round off your answer to the nearest ten cent.
New study table Usual Price: $260 |
Further Discount: Pay by credit card: 15% off discounted price before GST!
Pay by cash: $90 off discounted price before GST! |
|
Credit Card |
Cash |
Usual Price |
$260 |
$260 |
Less 30% discount |
- $78.00 |
- $78.00 |
Price after 30% discount |
$182.00 |
$182.00 |
Less further discount |
- $27.30 |
- $90 |
Price after further discount |
$154.70 |
$92.00 |
Price after GST of 7% |
$165.53 |
$98.40 |
(a)
New selling price after 30% discount
= 100% - 30%
= 70%
Price of the study table after Chinese New Year discount
= 70% x 260
=
85100 x 260
= $182.00
New selling price after 15% further discount
= 100% - 15%
= 85%
Price of the study table after credit card discount
= 85% x 182.00
=
85100 x 182.00
= $154.70
Price to pay after including GST
= 100% + 7%
= 107%
Price of the study table after GST
= 107% x 154.70
=
107100 x 154.70
≈ $165.53 (Round off to nearest cent)
(b)
Price of the study table after cash discount
= 182.00 - 90
= $92.00
Price of the study table after GST
= 107% x 92.00
=
107100 x 92.00
≈ $98.40 (Round off to nearest ten cent)
Answer(s): (a) $165.53; (b) $98.40