Question

Fernando has been saving money to buy an e-book reader. A store has just marked down the price of its readers by 40%. Each reader comes in with a mail-in rebate for $25. The original price of the e-book reader was $150.

The total amount off includes the markdown and the rebate. What is the total amount off? Show your work.

Answer 1

The answer is $75.

first, 150-25=125
then you set up your rates
.40
—— = —— cross multiply 125 x .40= 50
125 100

50 .40
—- = ——-
125 100

then subtract 125-50 because of the markdown. then you get $75.

Answer 2

$75

Explanation:

Remove $25 from $150. (125)

Calculate 40% of 125. (50)

Remove that 40%. (75)

So...

150 - 25 = 125 - 50 = 75