Question

A gym membership is offered in January for 14.99 per month. If you pay upfront for the year, you are given a 15% discount on the monthly fee. How much money will you save after a year by paying upfront rather than monthly

Answer 1

$27 approx

Explanation:

Given data

Membership fee= 14.99 per month

for a year the fee is 14.99*12= 179.88

discount = 15%

=15/100*179.88

=0.15*179.88

=26.982

Hence for a year, you will save $27 approx