A store is currently offering a 60% discount on all items Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 105% off!" What is the mistaken assumption here? Why is that assumption incorrect? If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation If you got your 60% discount and opened up the card for an additional 20%, what is the actual % discount you would receive? show calculation Is it better to apply the 60% discount first or the 20% discount first? show calculation
A store is currently offering a 60% discount on all items Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 105% off!" What is the mistaken assumption here? Why is that assumption incorrect? If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation If you got your 60% discount and opened up the card for an additional 20%, what is the actual % discount you would receive? show calculation Is it better to apply the 60% discount first or the 20% discount first? show calculation
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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- A store is currently offering a 60% discount on all items Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 105% off!"
- What is the mistaken assumption here?
- Why is that assumption incorrect?
- If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation
- If you got your 60% discount and opened up the card for an additional 20%, what is the actual % discount you would receive? show calculation
- Is it better to apply the 60% discount first or the 20% discount first? show calculation
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