It would cost $72,000 for 7 units of that product.
The term “discount” refers to the pricing system in which the price of a commodity (goods or services) is lower than its marked price listed price. It is simply to say, 'discount' is a percentage of the listed price. A discount is a kind of price deduction in products that is noticed in consumer transactions, where the buyers have proposed a percentage of rebates on various products in order to boost sales. This rebate offered by the seller to buyer is known as a discount.
Original cost of product = $15,000.
For the second product there is a discount of 15%, thus selling price for the second product = $15,000 x 0.85 = $12750
For the fourth product and on there is a discount of 30%, thus selling price for the fourth product and on = $15,000 x 0.70 = $10500.
Thus total price of 7 units = $15,000 + $12750x2 + $10500x3
= $15,000 + $25,500 + $31500
= $72,000
Thus it would cost $72,000 for 7 units of that product.
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