BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Peter wants to buy 2 pencils for $525, he used $1.5 coupon when he paid. The store markdowns 25% when Peter buys it, how much does Peter need to purchase?
A
$523.5
B
$392.63
C
$393.75
D
392.25
Explanation: 

Detailed explanation-1: -Step 1: Convert the percent discount to a decimal by dividing by 100% . Step 2: Set up the equation P=(1−d)x P = ( 1 − d ) x to find the original price of the item where P is the sale price, d is the discount as a decimal, and x is the original price of the item.

Detailed explanation-2: -Subtract the discount from 100 to get the percentage of the original price. Multiply the final price by 100. Divide by the percentage in Step One.

There is 1 question to complete.