Question

During a sale at a furniture store, sofas were marked down 30%. You have a coupon for an additional 15% off. What is the final price of a sofa that originally cost $550? Justify your solution.

Answer 1

$327.25.

Explanation:

To find the final price of the sofa after the discounts, we need to follow these steps:

1. Calculate the sale price after the 30% discount:

Original price of the sofa = $550

Amount discounted = 30% of $550 = 0.30 * $550 = $165

Sale price = Original price - Amount discounted = $550 - $165 = $385

2. Apply the additional 15% off coupon:

Amount discounted with the coupon = 15% of $385 = 0.15 * $385 = $57.75

Final price = Sale price - Amount discounted with coupon = $385 - $57.75 = $327.25

Therefore, the final price of the sofa, after the 30% discount and the additional 15% off coupon, is $327.25