Charlie bought 3 magazines. The original price of each magazine was $50. He was given 5% discount on the first magazine and 30% discount on the rest of the magazines. How much did he pay for the 3 magazines altogether?
Cost of the first magazine after 5% discount in percent
= 100% - 5%
= 95%
Cost of the first magazine after discount
= 95% x 50
=
95100 x 50
= $47.50
Number of the rest of the magazines that enjoyed 30% discount
= 3 - 1
= 2
Cost of each of the rest of the 2 magazines after 30% discount in percent
= 100% - 30%
= 70%
Cost of each of the rest of the 2 magazines
= 70% x 50
=
70100 x 50
= $35
Cost of the rest of the 2 magazines that enjoyed 30% discount
= 2 x 35
= $70
Total cost for the 3 magazines
= 47.50 + 70
= $117.50
Answer(s): $117.50