Adam wants to buy a hi-fi system.
The usual price of the hi-fi system is $2000.
There is a storewide promotional discount of 15%.
As a privileged card member, he is entitled to another 7% 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% |
$2000 |
Less storewide discount |
- 15% |
- $300 |
Price with storewide discount |
85% |
$1700 |
Price before deducting another 7% discount |
100% |
$1700 |
Less additional 7% discount |
- 7% |
- $119 |
Price after another 7% discount |
93% |
$1581 |
Discount based on the storewide 15% promotion
= 15% x 2000
=
15100 x 2000
= $300
Amount that Adam has to pay after 15% promotion
= 2000 - 300
= $1700
Further discount after another 7% discount
= 7% x 1700
=
7100 x 1700
= $119
Amount that Adam pays for the hi-fi system in all
= 1700 - 119
= $1581
Answer(s): $1581