An HD television has a list price of $752. If a series discount of 10/15 is offered, what is the net cost after the series discount? Use the method of complements to solve this problem.
An HD television has a list price of $752. If a series discount of 10/15 is offered, what is the net cost after the series discount? Use the method of complements to solve this problem.
The List price = $752, The series discount is: 10/15 (the complements of 10/15 are: 0.90 and 0.85)
The Net cost equivalent is calculated this way: 0.90 * 0.85 = 0.765
Net cost = List price x Net cost equivalent
Net cost = 752 * 0.765
= $ 575.28
An HD television has a list price of $752. If a series discount of 10/15 is offered, what is the net cost after the series discount? Use the method of complements to solve this problem.
The List price = $752, The series discount is: 10/15 (the complements of 10/15 are: 0.90 and 0.85)
The Net cost equivalent is calculated this way: 0.90 * 0.85 = 0.765
Net cost = List price x Net cost equivalent
Net cost = 752 * 0.765
= $ 575.28