A couple plans to purchase a vacation home. The bank requires a 5% down payment on the $230,000 vacation home.
1 answer:
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Answer:
A ) The money which Andre pay for the bike is $ 67.30
B ) The money which Andre pay for the bike is $ 76.92
Step-by-step explanation:
Given as :
The wholesale cost or market price of the bike = m.p = $ 96.15
A ) The discount percentage = 30 %
Let The selling price of the bike after discount = s.p
Now ,
Discount % =
or, 30 % = 1 -
or, = 1 -
Or, = 1 -
or, =
Or, =
Or, s. p = × 96.15
∴ s.p = $ 67.305
So, He will pay $ 67.30
Hence The money which Andre pay for the bike is $ 67.30 . Answer
B ) If the bike is discounted by 20 % , let The selling price = s.p'
So,
Discount % =
or, 20 % = 1 -
or, = 1 -
Or, = 1 -
or, =
Or, =
Or, s. p' = × 96.15
∴ s.p' = $ 76.92
So, He will pay $ 76.92
Hence The money which Andre pay for the bike is $ 76.92 . Answer