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Suppose you wanted to purchase a pair of boots. The original price is $59.99. They are...

Suppose you wanted to purchase a pair of boots. The original price is $59.99. They are on sale for 50% off the original price. You will then receive an extra 15% off the sale price.

a. First calculate the sales price by taking 50% off the original price and then take 15% off the sale price. What is the price of the boots after you apply both discounts?

b. How much did you save?

c. What is your overall percentage savings?

math   Statistics-And-Probability   
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Answer #1

a)Price after taking 50% off the original price =59.99*(1-0.50)

price of the boots after you apply both discounts =59.99*(1-0.50)*(1-0.15)=$ 25.50

b)saved amount =59.99-25.50 =$ 34.49

c)Overall % saving =(saving/initial amount)*100 =(34.49/59.99)*100 =57.5 %

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