SOLUTION: A company orders $15,000 of office supplies. The series discount offered by the seller is 20/15/6. Find the net price. Show your work
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Question 171222: A company orders $15,000 of office supplies. The series discount offered by the seller is 20/15/6. Find the net price. Show your work
Answer by Mathtut(3670) (Show Source): You can put this solution on YOUR website!
you are taking 20% discount on the original amount to give you a net price. then you take a 15% discount on the net price which gives you a net-net price and you take the 6% discount on the netnet amount and you arrive at your net-net-net price.
:
lets call the original price x=$15000
:
x-.2x=.8x (net price)
:
.8x-.8x(.15)=.8x-.12x=.68x (net-net price)
:
.68x-.68x(.06)=.68x-.0408x=.6392x (net-net-net price)--->the problem calls this the net price.
:
$
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