Question

Two types of discounts on a bicycle are being offered.

Store S: The original price of the bike is $840. There is a coupon for 25% off.
Store T: The original price of the bike is $780. There is a rebate of $150.
Which statement about the sale prices of the bike is true?
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Answer 1

Store S:

Original price = $840

Discount = 25% off

Sale price = Original price - (Discount percentage * Original price)

Sale price = $840 - (0.25 * $840) = $840 - $210 = $630

Store T:

Original price = $780

Rebate = $150

Sale price = Original price - Rebate

Sale price = $780 - $150 = $630

Therefore, the true statement about the sale prices of the bike is that both Store S and Store T offer the bike at a sale price of $630 after applying the respective discounts and rebates.