Question

The list price of a gas range is 2,100 pesos. If this price is subject to discounts of 10% and 5% , what is the net price?

Answer 1

Here, given successive discounts of 10% and 5%.

So, the net price after discount can be obtained using the formula

`\text{net price}=listprice(1-d_1)(1-d_2\text{)}`

now, substitute the values in the given formula to get the answer.

`\begin{gathered} \text{net price}=2100(1-0.1)(1-0.05) \\ =2100(0.9)(0.95) \\ =1795.5 \end{gathered}`

Therefore, the net price is 1795.5 pesos.