The original price of an item at markdowns is $110.95. You have an additional 20% off coupon for markdowns for purchases totaling $90.00 or more. Using the coupon, how much more do you save when compared to the original sale price?

1 answer

To find out how much you save using the 20% off coupon compared to the original sale price, we need to follow these steps:

  1. Find the markdown sale price. Let's assume the item is on sale from its original price because the problem does not give a specific markdown percentage. However, the markdown price is given as $110.95 (interpreting this as the sale price before applying the coupon).

  2. Apply the 20% off coupon. To calculate the savings from using the coupon: \[ \text{Coupon Savings} = 20% \text{ of } 110.95 = 0.20 \times 110.95 = 22.19 \]

  3. Calculate the final price after applying the coupon. \[ \text{Final Price} = \text{Sale Price} - \text{Coupon Savings} \] \[ \text{Final Price} = 110.95 - 22.19 = 88.76 \]

  4. Determine the savings compared to the original price of $110.95. To find out how much more you save with the coupon compared to the original sale price price: \[ \text{Original Price} = 110.95 \] \[ \text{Original Sale Price (after coupon)} = 88.76 \] \[ \text{Money Saved} = \text{Original Price} - \text{Sale Price after coupon} \] \[ \text{Money Saved} = 110.95 - 88.76 = 22.19 \]

  5. Conclusion: The additional savings when using the coupon compared to the original price is $22.19.

So, using the 20% off coupon, you save an additional $22.19 compared to the original sale price of $110.95.