Adam wants to buy a stereo system.
The usual price of the stereo system is $1400.
There is a storewide promotional discount of 25%.
As a privileged card member, he is entitled to another 2% discount of the discounted price.
How much does he pay for the stereo system in all?
|
Price of the stereo system (in %) |
Price of the stereo system (in $) |
Usual Price |
100% |
$1400 |
Less storewide discount |
- 25% |
- $350 |
Price with storewide discount |
75% |
$1050 |
Price before deducting another 2% discount |
100% |
$1050 |
Less additional 2% discount |
- 2% |
- $21 |
Price after another 2% discount |
98% |
$1029 |
Discount based on the storewide 25% promotion
= 25% x 1400
=
25100 x 1400
= $350
Amount that Adam has to pay after 25% promotion
= 1400 - 350
= $1050
Further discount after another 2% discount
= 2% x 1050
=
2100 x 1050
= $21
Amount that Adam pays for the stereo system in all
= 1050 - 21
= $1029
Answer(s): $1029