SOLUTION: What is a better deal for the customer, a single discount of 14% or two successive discounts of 12% and 2%?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: What is a better deal for the customer, a single discount of 14% or two successive discounts of 12% and 2%?      Log On


   



Question 817822: What is a better deal for the customer, a single discount of 14% or two successive discounts of 12% and 2%?
Answer by mathgranny(13) About Me  (Show Source):
You can put this solution on YOUR website!

Lets choose something to discount and see.
Let's just say we have a coat that cost 200 dollars.
A one time discount of 14 percent would give us a sale price of
200 - .14(200) = 172 dollars
A discount of 12 percent followed by a discount of 2 percent
gives us.
200 - .12(200) = 176 dollars
and then 176 - .02(176) = 172.48
So a one time discount will give us a sale price of 172
which is better than the 2 successive discounts which would
give us a price of 171.48