From the information we have been given, the original sale price is 75.50 and the discount is 25% of this price.
We need to calculate what value 25% stands for, so:
25 % of 75.50 → (25/100) ×100 → 0.25 ×75.50 = 18. 88
Therefore value of 25% of original price is 18.88 dollars
Rounded off 18.88 = 18.90 dollars.
You will save $ 18.90
The item will be sold to you at:
75.50 - 18.90 = 56. 60 dollars.
Answer:
Amount of money saved = $18.87
Step-by-step explanation:
List Price of the item which is bought = $75.50
Now, This item is on discount.
Discount rate offered by the seller on the item = 25%
Discounted Price of the Item = List Price - 25% of List price
⇒ Discounted Price = 75.50 - 25% of 75.50
⇒ Discounted Price = 75.50 - 0.25 × 75.50
⇒ Discounted Price = 75.50 - 18.875
⇒ Discounted Price = $56.63
Now, Amount of money saved = List price - Discounted price
⇒ Amount saved = 75.50 - 56.63
Hence, Amount of money saved = $18.87
