A furniture store was having National Day discount of 25% off its usual price. The GST is at 7%. Xandra used her credit card to purchase a kitchen table and Asher used cash to pay for a similar kitchen table.
- How much did Xandra pay in the end after GST? Round off your answer to the nearest cent.
- How much did Asher pay in the end after GST? Round off your answer to the nearest ten cent.
New kitchen table Usual Price: $960 |
Further Discount: Pay by credit card: 15% off discounted price before GST!
Pay by cash: $75 off discounted price before GST! |
|
Credit Card |
Cash |
Usual Price |
$960 |
$960 |
Less 25% discount |
- $240.00 |
- $240.00 |
Price after 25% discount |
$720.00 |
$720.00 |
Less further discount |
- $108.00 |
- $75 |
Price after further discount |
$612.00 |
$645.00 |
Price after GST of 7% |
$654.84 |
$690.20 |
(a)
New selling price after 25% discount
= 100% - 25%
= 75%
Price of the kitchen table after National Day discount
= 75% x 960
=
85100 x 960
= $720.00
New selling price after 15% further discount
= 100% - 15%
= 85%
Price of the kitchen table after credit card discount
= 85% x 720.00
=
85100 x 720.00
= $612.00
Price to pay after including GST
= 100% + 7%
= 107%
Price of the kitchen table after GST
= 107% x 612.00
=
107100 x 612.00
≈ $654.84 (Round off to nearest cent)
(b)
Price of the kitchen table after cash discount
= 720.00 - 75
= $645.00
Price of the kitchen table after GST
= 107% x 645.00
=
107100 x 645.00
≈ $690.20 (Round off to nearest ten cent)
Answer(s): (a) $654.84; (b) $690.20