SOLUTION: The list price for a wintersoat ia $300.00. A series discount of 20/15/5 is being offered fo any orders above $9000.00. Find the discount and the net price of an order of 40 coats.

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: The list price for a wintersoat ia $300.00. A series discount of 20/15/5 is being offered fo any orders above $9000.00. Find the discount and the net price of an order of 40 coats.      Log On


   



Question 168790: The list price for a wintersoat ia $300.00. A series discount of 20/15/5 is being offered fo any orders above $9000.00. Find the discount and the net price of an order of 40 coats.
Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
list price of 300(40)=12000 which qualifies for the discount
the net price paid will be (.80)(.85)(.95)(12000)=.646(12000)=$7752
:
...............................discount amount is .354(12000)=$4248
100%-20%=80%=.8
100%-15%=85%=.85
100%-5%=95%=.95