Adam wants to buy a hi-fi system.
The usual price of the hi-fi system is $2500.
There is a storewide promotional discount of 20%.
As a privileged card member, he is entitled to another 3% discount of the discounted price.
How much does he pay for the hi-fi system in all?
|
Price of the hi-fi system (in %) |
Price of the hi-fi system (in $) |
Usual Price |
100% |
$2500 |
Less storewide discount |
- 20% |
- $500 |
Price with storewide discount |
80% |
$2000 |
Price before deducting another 3% discount |
100% |
$2000 |
Less additional 3% discount |
- 3% |
- $60 |
Price after another 3% discount |
97% |
$1940 |
Discount based on the storewide 20% promotion
= 20% x 2500
=
20100 x 2500
= $500
Amount that Adam has to pay after 20% promotion
= 2500 - 500
= $2000
Further discount after another 3% discount
= 3% x 2000
=
3100 x 2000
= $60
Amount that Adam pays for the hi-fi system in all
= 2000 - 60
= $1940
Answer(s): $1940