Answer:
We are given that a store announced that their $500 appliances were on sale.
The price of the appliances after discount is $475.
We are required to find the percent discount on the appliances.
To find the percent discount, we have to use the below formula:
Therefore, the percent discount on the appliances is 5%
Answer:
The new account balance is <u>$812</u>.
Step-by-step explanation:
Given:
Larry Thomas's charge account statement shows an unpaid balance of $800.
The monthly finance charge is 1.5% of the unpaid balance.
Now, to find the new account balance.
Unpaid balance = $800.
Monthly finance charge of the unpaid balance = 1.5%.
Now, to get the new account balance:
$800 + 1.5% of $800.
Therefore, the new account balance is $812.