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 25%.
As a privileged card member, he is entitled to another 4% 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 |
- 25% |
- $500 |
Price with storewide discount |
75% |
$1500 |
Price before deducting another 4% discount |
100% |
$1500 |
Less additional 4% discount |
- 4% |
- $60 |
Price after another 4% discount |
96% |
$1440 |
Discount based on the storewide 25% promotion
= 25% x 2000
=
25100 x 2000
= $500
Amount that Adam has to pay after 25% promotion
= 2000 - 500
= $1500
Further discount after another 4% discount
= 4% x 1500
=
4100 x 1500
= $60
Amount that Adam pays for the hi-fi system in all
= 1500 - 60
= $1440
Answer(s): $1440