Question

18. The maintenance department ordered $3,450 worth of supplies from a valve and fitting supplier. The

supplier will allow a 15% discount because of the large order. How much will the maintenance department
have to pay for the supplies?
A. $2,932.50
B. $3,398.25
C. $3,406.45
D. $2,954.50

Answer 1

A)
`\$\ 2932.5`

Explanation:

One is given that a certain amount of money was allotted to be spent on supplies. However, there was a discount applied to the purchase. One is asked to find the amount of money actually spent on the supplies.

$3450 was the initial price that was to be spent on supplies, however, a (15%) discount was applied to this price. Subtract (15) from (100) to find the percent value that was actually spent on supplies.

`100-15=85`

(85%) of the allotted money was actually spent on supplies. Now one has to find out the numerical value of the amount spent. Divide (85) by (100) and then multiply it by the amount of money allotted to the purchase, to fin the amount actually spent on the purchase.

`3450*((85)/(100))\\\\=3450*0.85\\\\=2932.5`