Traci wants to buy rings that cost $50 each. A jeweler is offering a deal in which you buy 1 ring and get the 2nd for 25% off and a 3rd for 50% off. The sales tax is 8%. Traci will buy 3 rings using the deal. How much money will Traci save using the deal instead of paying full price for all 3 rings?
Traci wants to buy rings that cost $50 each. A jeweler is offering a deal in which you buy 1 ring and get the 2nd for 25% off and a 3rd for 50% off. The sales tax is 8%. Traci will buy 3 rings using the deal. How much money will Traci save using the deal instead of paying full price for all 3 rings?
1st ring will cost=$50
2nd ring will coft=$37.50
3rd ring will cost=$25
$50+$37.50+$25 =$112.50 total cost before tax
$112.50 X 1.08=$121.5 total cost plus tax
3 X $50 X 1.08=$162 total cost without discount deal
$162 - $121.50 =$40.50 The savings that Tracy should get.