SOLUTION: Wheel’s Bicycle shop advertised a bicycle for 15% off for a savings of $36. The bicycle did not sell, so it was offered at a new 20% discount off the sale price. (a) What did t

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Question 256050: Wheel’s Bicycle shop advertised a bicycle for 15% off for a savings of $36. The bicycle did not sell, so it was offered at a new 20% discount off the sale price.
(a) What did the bicycle sell for regularly?
(b) What is the amount of the new discount?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let r = the regular price
given:
.15r+=+3600 (in cents)
r+=+24000 (in cents)
Let s = the sale price
s+=+r+-+3600
s+=+24000+-+3600
s+=+10400
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With the new 20% discount:
Let p = the new discounted price
p+=+s+-+.2s
p+=+10400+-+4800
p+=+5600
The bike sold regularly for $104
The amount of the new discount is $48
(notice it didn't ask for final price, just the discount)