Question

A stainless steel gas grill is list priced at $495. The manufacturer offers a series discount of 25/20/10 to wholesalers and a 25/20 series discount to retailers. What is the retailers price?

Answer 1

Answer:

$\text{ \ 297}$

Explanation:

Here, we want to get the retailers price

Firstly, we need to get a single discount percentage that is equivalent to 25/20

Mathematically, we have that as:

$\begin{gathered} (25+20\text{ - (}20\times25)\frac{1}{100}) \\ \\ =\text{ 45 - 5 = 40\%} \end{gathered}$

To get the retailers' price, we simply find 40% of the given price tag, then subtract

Mathematically, that would be:

$\begin{gathered} \text{ \ 495 - (40\% of \ 495)} \\ =\text{ \ 495 - \ 198} \\ =\text{ \ 297} \end{gathered}$