discount 9n all items purchased. 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 amount. That means you are getting 105% off!"   a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. If you did truly have an 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? Show calculation d. 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  e. Is it better to apply the 60% discount first or the 20% discount first? Show calculation

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.3: Equations Involving Decimals And Problem Solving
Problem 65PS
icon
Related questions
Question

A store is currently offering a 60% discount 9n all items purchased. 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 amount. That means you are getting 105% off!"

 

a. What is the mistaken assumption here?

b. Why is that assumption incorrect?

c. If you did truly have an 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? Show calculation

d. 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 

e. Is it better to apply the 60% discount first or the 20% discount first? Show calculation

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning