Adam wants to buy a stereo system.
The usual price of the stereo system is $1500.
There is a storewide promotional discount of 40%.
As a privileged card member, he is entitled to another 8% 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% |
$1500 |
Less storewide discount |
- 40% |
- $600 |
Price with storewide discount |
60% |
$900 |
Price before deducting another 8% discount |
100% |
$900 |
Less additional 8% discount |
- 8% |
- $72 |
Price after another 8% discount |
92% |
$828 |
Discount based on the storewide 40% promotion
= 40% x 1500
=
40100 x 1500
= $600
Amount that Adam has to pay after 40% promotion
= 1500 - 600
= $900
Further discount after another 8% discount
= 8% x 900
=
8100 x 900
= $72
Amount that Adam pays for the stereo system in all
= 900 - 72
= $828
Answer(s): $828