Question

Mrs. Hill purchased four new coffee urns at $1,695 each. For buying in quantity, she is given a 3 1/2 percent discount on the total bill. What is the amount she paid?

Answer 1

EXPLANATION

Let's see the facts:

Cost = $1,695/each

Discount = 3 1/2% = 7/2% = 3.5% = 0.035 (in decimal form)

Multiplying the number of coffe urns by the price and the discount on the total bill (in decimal form) give us the appropiate solution:

4 x 1,695 x (1-0.035)= $6,542

It's 1-0.035 because the discounted price has 0.965 or 96.5% of the initial value.