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523-526 6. Grayskull Shack is throwing a big sale event in honor of a new produc

ID: 3145896 • Letter: 5

Question

523-526 6. Grayskull Shack is throwing a big sale event in honor of a new product, Have The Power Batteries, Adam discounts all the batteries in the shop 5%, then offers an extra 20% discount on all Have The Power Battery purchases (this is a chain discount of 5/20). Adora purchases a $52.91 regular price value of Have The Power Batteries. How much do her batteries cost during the sale? 7. Greg Racer, the owner of Mach 5 Auto Parts, orders the items he sells from a wholesaler. A piston has a list price of $49.47 with a 15% trade-discount rate. Compared to the list price, how much money does Greg save on his order if he purchases 20 pistons at the net price? 17-519

Explanation / Answer

6) Initial price = 52.91

Reduced selling price = 52.91 * 0.95 * 0.80 = 40.21

7) List price of 1 piston = 49.47

discount on 1 piston = 49.47 * 0.15 = 7.42

Therefore, discount on 20 piston = 20 * 7.42 = 148.4 = Total saving

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