Question 9 Solve the problem Round to the nearest cent The l

Question 9

Solve the problem. Round to the nearest cent.

The list price of a car is $8760. It is available at either a 10/20/5 or a 35/30 trade discount series. Which trade discount series gives the better deal? By how much?

10/20/5, $2006.04

10/20/5, $2628.00

35/30, $2628.00

35/30, $2006.04

		10/20/5, $2006.04
		10/20/5, $2628.00
		35/30, $2628.00
		35/30, $2006.04

Discont in first series

Total Price = 8760

if discount is 10/20/5, then price of the car will be

New Price = 8760*0.9*0.8*0.95 = 5991.84

In second series

New price = 8760*0.65*0.7 = 3985.8

So the second discount eries will be better deal and

difference will be = 5991.84 - 3985.8 = $2006.04

Correct option is D.

Question 9 Solve the problem. Round to the nearest cent. The list price of a car is $8760. It is available at either a 10/20/5 or a 35/30 trade discount series.

Question 9 Solve the problem Round to the nearest cent The l

Solution

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