SOLUTION: Hi A person has 1500 dollars to buy a computer. The end of year sale gives an 15 percent discount followed by a 3 percent discount if the person pays cash. What is the maximum

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Question 1153550: Hi
A person has 1500 dollars to buy a computer. The end of year sale gives an 15 percent discount followed by a 3 percent discount if the person pays cash.
What is the maximum value the person can pay if he pays by cash.
Thanks

Found 3 solutions by josgarithmetic, ikleyn, MathTherapy:
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
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A person has 1500 dollars to buy a computer. The end of year sale gives an 15 percent discount followed by a 3 percent discount if the person pays cash.
What is the maximum value the person can pay if he pays by cash.
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What is the MAXIMUM amount he pays?
If he purchases the computer before the sale and also does not have either of the other two discounts then the maximum he pays is 1500 dollars (plus tax).

Answer by ikleyn(52777) About Me  (Show Source):
You can put this solution on YOUR website!
.
A person has 1500 dollars to buy a computer. The end of year sale gives an 15 percent discount followed
by a 3 percent discount if the person pays cash. What is the maximum value the person can pay if he pays by cash.
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The problem's formulation in the post is  a)  WRONG   and  b)  INCORRECT.

To be correct,  the problem must provide the sale price of the computer before discounts.



Answer by MathTherapy(10551) About Me  (Show Source):
You can put this solution on YOUR website!
Hi
A person has 1500 dollars to buy a computer. The end of year sale gives an 15 percent discount followed by a 3 percent discount if the person pays cash.
What is the maximum value the person can pay if he pays by cash.
Thanks
If you're asking for the MAXIMUM price of the computer before the discounts are factored in, then it's highlight_green%28%22%241%2C819.28%22%29.
However, this amount is based on a 1st discount of 15%, followed by a further 3% discount on the 15% discounted price.
If it's a TOTAL DISCOUNT of 18% (15% + 3%), based on a cash payment, then that MAXIMUM price, before the 18% discount is: highlight_green%28%22%241%2C829.27%22%29.