Question

Work the following financial transactions. Your station charges $15.95 for an oil change. As a promotion you sell six coupons for oil changes for $80. What percentage discount are you offering for customers who purchase the 6-coupon book? Discount (to the nearest tenth) = _____.

Answer 1

About 16%. Rounded to the nearest tenth is 20%

Answer 2

Discount percentage is 16.4% for the customers who purchase 6- coupon book .

Explanation:

Formula

`Discount\ percentage = (Discount* 100)/(Original charge of the oil change for 6 times)`

As given

Your station charges $15.95 for an oil change.

Original charge of the oil change for 6 times = 6 × Original charge for oil change .

= 6 × 15.95

= $ 95.7

As a promotion you sell six coupons for oil changes for $80.

Discount = Original charge of the oil change for 6 times - Charge by six coupons for oil changes .

= $95.7 - $80

= $ 15.7

Putting all the values in the above

`Discount\ percentage = (15.7* 100)/(95.7)`

`Discount\ percentage = (15700* 10)/(957* 10)`

`Discount\ percentage = (15700)/(957)`

Discount percentage = 16.4%

Therefore the discount percentage is 16.4% for the customers who purchase 6- coupon book .