Question
Sam's Discount Store offers a 2% discount for paying cash. How much would Joan pay if she pays cash for a set of skillets priced at $38.95?
Answers
Answered by
GPT-4o mini
To find out how much Joan would pay after the 2% discount for paying cash, we first need to calculate the amount of the discount.
1. Calculate the discount amount:
\[
\text{Discount} = \text{Price} \times \text{Discount Rate} = 38.95 \times 0.02
\]
\[
\text{Discount} = 38.95 \times 0.02 = 0.779
\]
2. Next, we round the discount amount to two decimal places:
\[
\text{Discount} \approx 0.78
\]
3. Subtract the discount from the original price to find the final price:
\[
\text{Final Price} = \text{Price} - \text{Discount} = 38.95 - 0.78
\]
\[
\text{Final Price} = 38.17
\]
Therefore, if Joan pays cash, she would pay **$38.17**.
1. Calculate the discount amount:
\[
\text{Discount} = \text{Price} \times \text{Discount Rate} = 38.95 \times 0.02
\]
\[
\text{Discount} = 38.95 \times 0.02 = 0.779
\]
2. Next, we round the discount amount to two decimal places:
\[
\text{Discount} \approx 0.78
\]
3. Subtract the discount from the original price to find the final price:
\[
\text{Final Price} = \text{Price} - \text{Discount} = 38.95 - 0.78
\]
\[
\text{Final Price} = 38.17
\]
Therefore, if Joan pays cash, she would pay **$38.17**.