Tom bought 5 magazines. The original price of each magazine was $48. He was given 15% discount on the first magazine and 25% discount on the rest of the magazines. How much did he pay for the 5 magazines altogether?
Cost of the first magazine after 15% discount in percent
= 100% - 15%
= 85%
Cost of the first magazine after discount
= 85% x 48
=
85100 x 48
= $40.80
Number of the rest of the magazines that enjoyed 25% discount
= 5 - 1
= 4
Cost of each of the rest of the 4 magazines after 25% discount in percent
= 100% - 25%
= 75%
Cost of each of the rest of the 4 magazines
= 75% x 48
=
75100 x 48
= $36
Cost of the rest of the 4 magazines that enjoyed 25% discount
= 4 x 36
= $144
Total cost for the 5 magazines
= 40.80 + 144
= $184.80
Answer(s): $184.80