A furniture store was having Easter discount of 25% off its usual price. The GST is at 9%. Sabrina used her credit card to purchase a sofa set and Eric used cash to pay for a similar sofa set.
- How much did Sabrina pay in the end after GST? Round off your answer to the nearest cent.
- How much did Eric pay in the end after GST? Round off your answer to the nearest ten cent.
New sofa set Usual Price: $360 |
Further Discount: Pay by credit card: 10% off discounted price before GST!
Pay by cash: $55 off discounted price before GST! |
|
Credit Card |
Cash |
Usual Price |
$360 |
$360 |
Less 25% discount |
- $90.00 |
- $90.00 |
Price after 25% discount |
$270.00 |
$270.00 |
Less further discount |
- $27.00 |
- $55 |
Price after further discount |
$243.00 |
$215.00 |
Price after GST of 9% |
$264.87 |
$234.40 |
(a)
New selling price after 25% discount
= 100% - 25%
= 75%
Price of the sofa set after Easter discount
= 75% x 360
=
90100 x 360
= $270.00
New selling price after 10% further discount
= 100% - 10%
= 90%
Price of the sofa set after credit card discount
= 90% x 270.00
=
90100 x 270.00
= $243.00
Price to pay after including GST
= 100% + 9%
= 109%
Price of the sofa set after GST
= 109% x 243.00
=
109100 x 243.00
≈ $264.87 (Round off to nearest cent)
(b)
Price of the sofa set after cash discount
= 270.00 - 55
= $215.00
Price of the sofa set after GST
= 109% x 215.00
=
109100 x 215.00
≈ $234.40 (Round off to nearest ten cent)
Answer(s): (a) $264.87; (b) $234.40