Verizon offers to sell cellular phones listing for $95.14 with a chain discount
ID: 3122616 • Letter: V
Question
Verizon offers to sell cellular phones listing for $95.14 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $98.29 with a chain discount of 25/5. If Irene is to buy eight phones, how much could she save if she buys from the lower-priced company? (Do not round intermediate calculations. Round your final answer to the nearest cent.)
Verizon offers to sell cellular phones listing for $95.14 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $98.29 with a chain discount of 25/5. If Irene is to buy eight phones, how much could she save if she buys from the lower-priced company? (Do not round intermediate calculations. Round your final answer to the nearest cent.)
Explanation / Answer
Solution:
Verizon offers to sell cellular phones listing for $95.14 with a chain discount of 15/10/5.
therefore
equivalent price on cost price with chain discount ( 100%-15%)*(100-10%)*(100-5%)
= 0.75 * 0.90 * 0.95
= 0.64125
Net discount on each cell phone = (1-0.64125) * 95.14 = 0.35875 * 95.14 = 34.131475
therefore total saving for Verizion if she buy 8 phones = 8 * 34.13475 = 273.05
Similerly
for
Cellular Company offers to sell its cellular phones that list at $98.29 with a chain discount of 25/5
therefore
discounted amount on first discount = 25% of 98.25 = 24.5625
Price after discount = 98.29 - 24.5625 = $ 73.7275
= $ 73.7275
discounted amout on second discount chain = 5%of 73.7275
= 3.686375
Now total discount on each phone = 24.5625 + 3.6863375 = $ 28.25
Price after total discount counted = 98.29 -28.25 = $ 70.04
therefore total saving for cellular if she buy 8 phones = 8 * 28.25 = $ 226
As we can see that from above two case
Cellular company offers more discount on the price and therefore she can save more $ 226 if she buy cellular company .
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