Question

8. Two competing companies are having sales on projectors. Projector #MD375 has a retail price of $1,550. The Office Spot is advertising #MD375 for 15% off, while Office & Beyond has stated they will match any competitor’s advertised special and take an additional 10% off of the advertised price. How much money is saved by purchasing the projector from Office & Beyond instead of the Office Spot?

Answer 1

$131.75

Explanation:

The advertised price is 1 -15% = 85% of $1550, so is ...

0.85×$1550 = $1317.50

The savings obtained by purchasing from O&B is 10% of this value, so is ...

0.10×$1317.50 = $131.75 . . . . savings at O&B