Question

The original price of a 2018 Honda Shadow to the dealer is $17,715, but the dealer will pay only $16,985 after rebate. If the dealer pays Honda within 15 days, there is a 2% cash discount.

Answer 1

The final price to be paid after the 2% discount has been made will be $ 16,645.30.

Explanation:

Since there is a 2% discount on the price of the Honda Shadow in the event that the dealer pays Honda within 15 days, and that after a rebate the price of the vehicle is $ 16,985, to obtain the value of the discount and the final amount to be paid must be calculated as follows:

16,985 x 2/100 = X

33,970 / 100 = X

339.70 = X

Thus, the discount to be made will be $ 339.70, with which the final price to be paid after the 2% discount has been made will be $ 16,645.30.