Final answer:
After calculating the discounts offered by both coupons on a $45 pair of shoes, coupon A provides a lower final price ($35) compared to coupon B ($38.25). A discount is a reduction in the price of a service or a product. Discount is a common technique used by business people to attract new customers, to increase sales, and to retain the existing customers.
Step-by-step explanation:
To determine which coupon offers the lower price on a $45 pair of shoes, we need to calculate the final price for each coupon.
Coupon A provides a $10 rebate. So, the price with coupon A would be:
Original price - rebate = New price
$45 - $10 = $35
Coupon B offers a 15% discount on the original price. To calculate the discount, we do:
15% of $45 = 0.15 x $45 = $6.75
So, the price with coupon B would be:
AOriginal price - discount = New price
$45 - $6.75 = $38.25
The price with coupon A is $35, which is less than the price with coupon B ($38.25).
A discount is a reduction in the price of a service or a product. Discount is a common technique used by business people to attract new customers, to increase sales, and to retain the existing customers.
Discount is a rebate or an offer given to the customers on the marked price of products. While purchasing an item, we come across various terms like cost price, marked price, discount, and selling price. In order to increase the sale of goods, shopkeepers offer discounts to customers.