Question

Solve the following problem. Choose the correct answer.Sam's Discount Store offers a 2% discount for paying cash. How much would Joan pay if she pays cash for a set of skillets priced at $38.95?She would pay $ A.)34.82 B.)38.17 Or C.)36.95

Answer 1

She would pay $38.17.

The correct answer is B.) 38.17

Explanation:

Given:

Sam's Discount Store offers a 2% discount for paying cash.

A set of skillets priced at $38.95.

Now, to find the amount Joan would pay cash for a set of skillets.

Cost price of skillets = $38.95.

Discount rate = 2%.

Now, to get the price after discount:

`38.95-2\%\ of\ 38.95\\\\=38.95-(2)/(100)* 38.95\\\\=38.95-0.02* 38.95\\\\=38.95-0.78\\\\=38.17.`

Therefore, she would pay $38.17.

The correct answer is B.) 38.17