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In order to find the discounted price of items, we need to subtract the discount from the original price.
No, see solution.
We know both an arm chair and a sofa have the same retail price. Let's denote it as x.
Sofa | Arm chair | |
---|---|---|
Retail Price | x | x |
Price After Discount |
We will find the price after discount of both these items and compare them. Let's begin with the sofa.
The sofa is 20 % off. |
In order to find the discounted price of the sofa, we need to subtract the discount from the original price. Original price- Discount= New price First, we have to find the cost subtracted by the discount, which is 20 % of x. We can evaluate the value of the discount by multiplying the original price by the discount rate. Discount: 20 % * x = 0.2 x By subtracting 0.2x from x, we get the new price of the sofa including the discount. x- 0.2x= 0.8x We can include the price of the sofa after the discount in the table.
Sofa | Airmchair | |
---|---|---|
Retail Price | x | x |
Price After Discount | 0.8x |
Now, let's look at the information given about the arm chair.
The arm chair is 10 % off, and you have a coupon to get an additional 10 % off the discount price. |
This time the discount is 10 % of x. Let's find it. Discount: 10 % * x = 0.1 x By subtracting 0.1x from x, we get the price of the arm chair including the first discount. x- 0.1x= 0.9x We have a coupon to get additional 10 % off the discount price of 0.9x. Let's calculate the second discount. Discount: 10 % * 0.9x = 0.1* 0.9x = 0.09 x In order to obtain the final price of the arm chair, we need to subtract 0.09 x from 0.9x, which is the price of the arm chair including the first discount. 0.9x - 0.09x = 0.81x We can include the price of the sofa after the discount in the table.
Sofa | Airmchair | |
---|---|---|
Retail Price | x | x |
Price After Discount | 0.8x | 0.81x |
Finally we can compare the prices of the items. We see the items are not equally priced after the discounts are applied.