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Suppose you currently pay $45/ month to the phone company for telephone service; $90/month to the...

Suppose you currently pay $45/ month to the phone company for telephone service; $90/month to the cable company for cable TV; and $50/month to an Internet Service Provider for high-speed Internet access. You learn that you can bundle all these services with the cable company for one monthly fee of $148. What percentage savings is that?

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Answer #1

amount currently paid for the services = 45+90+50

=>$185.

amount paid on bundled plan = $148.

savings in dollars = $185 - 148=>$37.

percentage savings = $37 / 185 *100

=>20%.

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