Tracy wants to buy a ring that cost $50 each a jeweler is offering a deal in which you buy one ring and get the second one for 25% off and the third one is for 50% off the sales tax is 8% Tracy will buy 3 Rings how many how much money will Tracy save using a deal instead of paying the full price for all three rings
Mathematics · Middle School · Tue Nov 03 2020
Answered on
given :
Cost of 1 ring = $50
Total amount of rings without discounts:
3($50) = $150
With 8% tax on $150
= $150/100 x 8
= $12
$12 + $150= $162
Now, amount of rings with the discounts
Cost of 1 ring = $50
Cost of 2nd ring = 50/100 x 75 { 25% discount}
= $37.5
Cost of 3rd ring = 50/100 x 50 { 50% discount}
= $25
So, total cost of 3 rings = $50 + $37.50 + $25 = $112.50
With 8% tax on $112.50
= $112.50/100 x 8
= $9
$9 + $112.50 = $121.50
So, amount saved by Tracy by using deal = $162 - $121.50 = $40.50
Hence, Tracy saved $40.50 with the discounts.