Math Problem Statement

Lucky you! You went to couponcabin.com and found a 20% off coupon to your partner’s favorite store. Armed with that coupon, you went to the store only to find a storewide sale offering 10% off everything in the store. In addition, your credit card has a special offer that allows you to save 10% if you use your credit card for all purchases that day. Using your credit card, what will you pay before tax for the $155 gift you found? Use the single equivalent discount to calculate how much you save and then calculate your final price.

Solution

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Math Problem Analysis

Mathematical Concepts

Successive Discounts
Percentage Discounts
Algebra

Formulas

Final Price = P × (1 - d1) × (1 - d2) × (1 - d3)
Amount Saved = Original Price - Final Price

Theorems

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Suitable Grade Level

Grades 8-10