A furniture store was having National Day discount of 20% off its usual price. The GST is at 7%. Esther used her credit card to purchase a kitchen table and Seth used cash to pay for a similar kitchen table.
- How much did Esther pay in the end after GST? Round off your answer to the nearest cent.
- How much did Seth pay in the end after GST? Round off your answer to the nearest ten cent.
New kitchen table Usual Price: $1900 |
Further Discount: Pay by credit card: 10% off discounted price before GST!
Pay by cash: $100 off discounted price before GST! |
|
Credit Card |
Cash |
Usual Price |
$1900 |
$1900 |
Less 20% discount |
- $380.00 |
- $380.00 |
Price after 20% discount |
$1520.00 |
$1520.00 |
Less further discount |
- $152.00 |
- $100 |
Price after further discount |
$1368.00 |
$1420.00 |
Price after GST of 7% |
$1463.76 |
$1519.40 |
(a)
New selling price after 20% discount
= 100% - 20%
= 80%
Price of the kitchen table after National Day discount
= 80% x 1900
=
90100 x 1900
= $1520.00
New selling price after 10% further discount
= 100% - 10%
= 90%
Price of the kitchen table after credit card discount
= 90% x 1520.00
=
90100 x 1520.00
= $1368.00
Price to pay after including GST
= 100% + 7%
= 107%
Price of the kitchen table after GST
= 107% x 1368.00
=
107100 x 1368.00
≈ $1463.76 (Round off to nearest cent)
(b)
Price of the kitchen table after cash discount
= 1520.00 - 100
= $1420.00
Price of the kitchen table after GST
= 107% x 1420.00
=
107100 x 1420.00
≈ $1519.40 (Round off to nearest ten cent)
Answer(s): (a) $1463.76; (b) $1519.40