Help!
if a store offers 3 for the price of 2. What is the implied discount?
a) 20%
b) 33%
c) 40%
d) 66%
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jimthompson5910 (jim_thompson5910):
how far did you get?
OpenStudy (anonymous):
i'm really bad a doing percentage's. i have no idea where to start @jim_thompson5910
jimthompson5910 (jim_thompson5910):
let's say each item is $20
how much would it cost to buy 2 items? 3 items?
OpenStudy (anonymous):
for 2 it would be $40 and for 3 it would be $60.
jimthompson5910 (jim_thompson5910):
how much do you save if you buy 3 items but you pay the price as if it were 2 items
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OpenStudy (anonymous):
i would save $20. is it 20%?
jimthompson5910 (jim_thompson5910):
you do save $20 but it's not 20%
jimthompson5910 (jim_thompson5910):
it's only 20% IF the total price for the three items was $100
jimthompson5910 (jim_thompson5910):
you save $20. This is the discount
divide the discount by the original price to get 20/60 = 1/3 = 0.3333... = 33.33%
jimthompson5910 (jim_thompson5910):
the discount as a fixed number is $20
the discount as a percentage (of the original price) is roughly 33%
the idea is that you take 33% of the original price ($60) and subtract that off the original price
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OpenStudy (anonymous):
ok, now i understand how to do this. thank you so much, again!