Math Problem Statement

A carpet buyer placed an order for 1993 square yards of carpet at $24.04 per square yard. A quantity discount is offered according to the following schedule. How much should be paid to the vendor for this order?

500 – 1, 000 square yards: 0.75%

1,001 -1,800 square yards: 1.25%

1,801 – 2,500 square yards: 1.75%

2,501 and more 2.00%

Solution

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Math Problem Analysis

Mathematical Concepts

Discount Calculation
Multiplication
Percentage

Formulas

Total price before discount = Quantity ordered × Price per square yard
Discount = Total price before discount × Discount rate
Total price after discount = Total price before discount - Discount

Theorems

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Suitable Grade Level

Grades 9-12