Adam wants to buy a stereo system.
The usual price of the stereo system is $500.
There is a storewide promotional discount of 30%.
As a privileged card member, he is entitled to another 12% 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% |
$500 |
Less storewide discount |
- 30% |
- $150 |
Price with storewide discount |
70% |
$350 |
Price before deducting another 12% discount |
100% |
$350 |
Less additional 12% discount |
- 12% |
- $42 |
Price after another 12% discount |
88% |
$308 |
Discount based on the storewide 30% promotion
= 30% x 500
=
30100 x 500
= $150
Amount that Adam has to pay after 30% promotion
= 500 - 150
= $350
Further discount after another 12% discount
= 12% x 350
=
12100 x 350
= $42
Amount that Adam pays for the stereo system in all
= 350 - 42
= $308
Answer(s): $308