Question

A s’mores maker kit has a list price of $39.95 and is offered to wholesalers with a series discount of 20/10/10. The same appliance is offered to Kitchen Crafters (a retailer) with a series discount of 20/10. Find the difference in price.

Answer 1

Since the list price is $39.95

Since the series of discounts 20/10/10

Then we will find the new price by this way

Since the first discount is 20%, then

The new price will be 80% of 39.95

$\frac{80}{100}\times39.95=31.96$

Since the second discount is 10%

Then the new price is 90% of 31.96

$\frac{90}{100}\times31.96=28.764$

Since the third discount is 10%

Then the new price is 90% of 28.764

$\frac{90}{100}\times28.764=25.8876$

Since the second option has only a 20/10 discount, then

The new price is 28.764

To find the difference subtract 25.8876 from 28.764

The difference = 28.764 - 25.8876

The difference = 2.8764

The answer is $2.8764