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Discounts, markups, tax, and tip

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5115307
A mountain bike normally costs \(\$320\). It is on sale for \(15\%\) off. a) Find the discount amount. b) Find the sale price.

Hints

- The original price represents \(100\%\). - Find the discount amount, then subtract it from the original price.

Solution

1. The discount is \(\$320 \cdot 0.15 = \$48\). 2. The sale price is \(\$320 - \$48 = \$272\).

Answer

a) \(\$48\) b) \(\$272\)
5115727
A mountain bike has a list price of \(\$450\). Store A offers \(12\%\) off the list price. Store B offers a flat \(\$55\) discount. Which offer costs less, and what is the difference between the final prices?

Hints

- Convert Store A’s percent discount to dollars. - Find both final prices before comparing them.

Solution

1. Store A’s discount is \(\$450 \cdot 0.12 = \$54\), so its final price is \(\$450 - \$54 = \$396\). 2. Store B’s final price is \(\$450 - \$55 = \$395\). 3. Store B costs less by \(\$396 - \$395 = \$1\).

Answer

Store B costs less by \(\$1\).
5116117
A community pool ticket cost \(\$4.00\) last year. This season, the price increased to \(\$5.00\). Find the new price as a percent of the old price. Then find the percent increase.

Hints

- Use the old price as the base value. - Divide the new price by the old price. - A price increase means the new price is more than \(100\%\) of the old price.

Solution

1. The ratio of the new price to the old price is \(\frac{\$5.00}{\$4.00} = 1.25\). 2. Therefore, the new price is \(125\%\) of the old price. 3. The percent increase is \(125\% - 100\% = 25\%\).

Answer

The new price is \(125\%\) of the old price, so the price increased by \(25\%\).
5116127
A smartphone originally cost \(\$250\) and is now on clearance for \(\$215\). What percent of the original price must now be paid? Also find the percent discount.

Hints

- Use the original price as \(100\%\). - Divide the sale price by the original price. - The percent paid and the percent discounted add to \(100\%\).

Solution

1. The sale price as a percent of the original price is \(\frac{215}{250} = 0.86 = 86\%\). 2. The discount is \(100\% - 86\% = 14\%\).

Answer

The sale price is \(86\%\) of the original price, so the discount is \(14\%\).
5127217
Two bicycle stores offer discounts on different models. Store A takes \(\$90\) off a bicycle originally priced at \(\$450\). Store B takes \(\$132\) off a bicycle originally priced at \(\$600\). Which store gives the greater percent discount? Support your answer with calculations.

Hints

- Divide each dollar discount by its original price. - Identify the original price as the base in each case. - Compare the resulting percents.

Solution

1. Store A's percent discount is \(\frac{90}{450} = 0.20 = 20\%\). 2. Store B's percent discount is \(\frac{132}{600} = 0.22 = 22\%\). 3. Since \(22\% > 20\%\), Store B gives the greater percent discount.

Answer

Store B gives the greater discount: \(22\%\), compared with \(20\%\) at Store A.
5107167
A group orders a pizza for \(\$7.50\), pasta for \(\$8.20\), a large salad for \(\$5.40\), and drinks for \(\$4.80\). The restaurant offers a \(10\%\) discount on the entire bill when the order is at least \(\$30\). The group is considering adding a dessert for \(\$4.50\). Will the final bill with the dessert be greater or less than the bill without it? Show the exact amounts.

Hints

- Find the bill without dessert and check whether it qualifies for the discount. - Add the dessert, apply the discount to the new subtotal, and compare the two final bills.

Solution

1. Without dessert, the bill is \(\$7.50 + \$8.20 + \$5.40 + \$4.80 = \$25.90\). This is below \(\$30\), so there is no discount. 2. With dessert, the subtotal is \(\$25.90 + \$4.50 = \$30.40\), which qualifies for the discount. 3. The discount is \(\$30.40 \cdot 0.10 = \$3.04\). 4. The discounted bill is \(\$30.40 - \$3.04 = \$27.36\). 5. Since \(\$27.36 > \$25.90\), the group pays \(\$27.36 - \$25.90 = \$1.46\) more with dessert.

Answer

The bill is greater with dessert. Without dessert it is \(\$25.90\); with dessert and the discount it is \(\$27.36\), which is \(\$1.46\) more.
5115227
A sporting-goods store offers discounts on three balls. For which ball is the dollar savings greatest? - Soccer ball: \(20\%\) off \(\$35.00\) - Basketball: \(15\%\) off \(\$48.00\) - Handball: \(25\%\) off \(\$28.00\) Find the savings for each ball and compare them.

Hints

- The question asks for the amount saved, not the sale price. - Multiply each original price by its discount rate.

Solution

1. Soccer ball: \(\$35.00 \cdot 0.20 = \$7.00\). 2. Basketball: \(\$48.00 \cdot 0.15 = \$7.20\). 3. Handball: \(\$28.00 \cdot 0.25 = \$7.00\). 4. Since \(\$7.20 > \$7.00\), the basketball gives the greatest savings.

Answer

The basketball gives the greatest savings, \(\$7.20\).
5115437
A name-brand soccer ball has an original price of \(\$40\). Two promotions are available. Promotion A: \(25\%\) off the original price. Promotion B: A sale price of \(\$32\). Which promotion costs less, and by how much?

Hints

- Find the final price under each promotion. - A \(25\%\) discount leaves \(75\%\) of the original price to pay.

Solution

1. Under Promotion A, the customer pays \(75\%\) of the original price: \(\$40 \cdot 0.75 = \$30\). 2. Promotion B costs \(\$32\). 3. Promotion A costs less, and the difference is \(\$32 - \$30 = \$2\).

Answer

Promotion A costs less by \(\$2\).
5115447
A tablet originally costs \(\$400\). During a promotion, the price is reduced by \(20\%\). After the promotion, the reduced price is increased by \(20\%\). a) Find the promotional price. b) Find the final price after the increase. c) Compare the final price with the original \(\$400\) price. Explain why the final price is not \(\$400\).

Hints

- Apply the two changes in order. - Identify the base amount for the second percent calculation. - The same percent of two different base amounts gives different dollar amounts.

Solution

1. The promotional price is \(\$400 \cdot 0.80 = \$320\). 2. The later increase is based on \(\$320\), so the final price is \(\$320 \cdot 1.20 = \$384\). 3. The final price is lower than the original price because the \(20\%\) increase is calculated from the smaller discounted price, not from \(\$400\).

Answer

a) \(\$320\) b) \(\$384\) c) The final price is \(\$16\) below the original price because the increase uses the reduced price as its base.
5115477
Two friends buy bicycles on sale. Lara buys a bicycle that was discounted by \(20\%\) and now costs \(\$320\). Tom buys a bicycle that originally cost \(\$500\) and is now sold for \(\$375\). a) What was Lara's bicycle's original price? b) Who received the greater percent discount compared with the original price?

Hints

- After a \(20\%\) discount, what percent of the original price remains? - For Tom, first find the dollar savings. - Compare the percent discounts, not only the dollar amounts saved.

Solution

1. Lara's sale price is \(80\%\) of the original price. The original price was \(\$320 \div 0.80 = \$400\). 2. Tom saved \(\$500 - \$375 = \$125\). 3. Tom's percent discount was \(\frac{125}{500} = 0.25 = 25\%\). 4. Since \(25\% > 20\%\), Tom received the greater percent discount.

Answer

a) \(\$400\) b) Tom, with a \(25\%\) discount compared with Lara's \(20\%\) discount
5115507
A toy store puts a remote-control car on sale. Its original price is \(\$120\). The price is first reduced by \(25\%\), and then the reduced price is lowered by another \(20\%\). a) What is the price after the second discount? b) What is the overall percent savings compared with the original price?

Hints

- Apply the first discount before finding the second. - Use the reduced price as the base for the second discount. - Compare the total dollar savings with the original price.

Solution

1. After the first discount, the price is \(\$120 \cdot 0.75 = \$90\). 2. After the second discount, the price is \(\$90 \cdot 0.80 = \$72\). 3. The total savings are \(\$120 - \$72 = \$48\). 4. Relative to the original price, the savings are \(\frac{48}{120} = 0.40 = 40\%\).

Answer

a) \(\$72\) b) \(40\%\)
5115517
A bakery advertisement says: “Our old deal gave one free roll in every group of four identical rolls. Our new deal is even better: one free roll in every group of five identical rolls! You save \(25\%\).” Evaluate the advertisement. Identify its mathematical errors and rewrite it so that it is correct and logical.

Hints

- Convert one fourth and one fifth to percentages. - A better offer must have a greater free-item share. - Make sure the claimed percent matches the current offer.

Solution

1. Under the old deal, one of every four equal-priced rolls is free, so the savings rate is \(\frac{1}{4} = 25\%\). 2. Under the new deal, one of every five equal-priced rolls is free, so the savings rate is \(\frac{1}{5} = 20\%\). 3. The new deal is worse, not better, and its savings rate is \(20\%\), not \(25\%\). 4. A correct improved-deal advertisement is: “Our old deal gave one free roll in every group of five identical rolls, a \(20\%\) savings. Our new deal gives one free roll in every group of four identical rolls, a \(25\%\) savings.”

Answer

The advertisement is incorrect because one free item in a group of five is a \(20\%\) savings, which is less than the old \(25\%\) savings. A correct version is: “Our old deal gave one free roll in every group of five identical rolls, a \(20\%\) savings. Our new deal gives one free roll in every group of four identical rolls, a \(25\%\) savings.”
5115677
A furniture store advertises, “Clearance sale—everything reduced by up to \(70\%\)!” A customer finds that only scented candles are \(70\%\) off, while cabinets, tables, and sofas are only \(5\%\) off. Explain how the percent wording creates a misleading impression and why the slogan can still be technically true.

Hints

- Focus on the meaning of “up to.” - Decide whether the statement describes all items, most items, or only the maximum possible discount.

Solution

1. The phrase “up to \(70\%\)” states only the greatest discount, not the discount on every item or on most items. 2. The claim is technically true because at least one category has a \(70\%\) discount and no discount is greater than \(70\%\). 3. It can mislead customers because the large \(70\%\) figure is emphasized, while expensive furniture is discounted by only \(5\%\). A customer may incorrectly expect the larger discount to apply broadly.

Answer

The wording is technically true because \(70\%\) is the maximum discount. It is potentially misleading because the maximum applies only to a small category, while the furniture is reduced by just \(5\%\).
5115757
After a \(20\%\) discount, a tablet costs \(\$480\). Leon says, “It must have cost \(\$576\) before the discount because \(20\%\) of \(\$480\) is \(\$96\), and \(\$480 + \$96 = \$576\).” Explain the error in Leon's reasoning and find the actual price before the discount.

Hints

- What amount is the \(20\%\) discount based on? - After a \(20\%\) discount, what percent of the original price remains? - The original price must be greater than the sale price. - Can a percent of the new price be added back to reverse the discount directly?

Solution

1. After a \(20\%\) discount, the sale price is \(100\% - 20\% = 80\%\) of the original price. 2. Divide the sale price by \(0.80\): \(\$480 \div 0.80 = \$600\). 3. Leon calculated \(20\%\) of the discounted price. However, the discount was \(20\%\) of the original price, which is a different and larger base amount.

Answer

The original price was \(\$600\). Leon's error was finding \(20\%\) of the discounted price instead of \(20\%\) of the original price.
5116157
A skateboard originally costs \(\$120\). Because of high demand, the price is increased by \(25\%\). One month later, the new price is decreased by \(20\%\). a) Find the price after the increase. b) Find the final price after the decrease. c) Compare the final price with the original \(\$120\) price. What do you notice?

Hints

- Apply the increase before the decrease. - The \(20\%\) decrease is based on the increased price. - Compare the dollar amount added with the dollar amount later subtracted.

Solution

1. After the increase, the price is \(\$120 \cdot 1.25 = \$150\). 2. After the decrease, the price is \(\$150 \cdot 0.80 = \$120\). 3. The final price is equal to the original price. The \(20\%\) decrease of \(\$150\) is \(\$30\), which exactly reverses the \(\$30\) increase.

Answer

a) \(\$150\) b) \(\$120\) c) The final price is the same as the original price.
5116167
A pair of athletic shoes was discounted in two steps. The original price was \(\$80\). First, the price was reduced by \(10\%\). After a second discount, the shoes cost \(\$54\). a) What was the price after the first discount? b) How many dollars were taken off in the second discount? c) What percent of the price after the first discount was the second discount?

Hints

- Find the intermediate price after the first discount. - Subtract the final price from the intermediate price. - Compare the second dollar discount with the intermediate price.

Solution

1. After the first discount, the price was \(\$80 \cdot 0.90 = \$72\). 2. The second discount was \(\$72 - \$54 = \$18\). 3. Relative to the \(\$72\) intermediate price, the second discount was \(\frac{18}{72} = \frac{1}{4} = 0.25 = 25\%\).

Answer

a) \(\$72\) b) \(\$18\) c) \(25\%\)
5117397
A home-improvement store sells a patio furniture set for \(\$450\). You may choose one of two discounts. Option 1: One \(20\%\) discount on the original price. Option 2: A \(10\%\) discount followed by another \(10\%\) discount on the reduced price. Find the final price for each option. Which option costs less? Explain why the results are not equal.

Hints

- Calculate each option step by step. - In Option 2, identify the base for the second discount. - Compare the two final prices.

Solution

1. For Option 1, the final price is \(\$450 \cdot 0.80 = \$360\). 2. For Option 2, the price after the first discount is \(\$450 \cdot 0.90 = \$405\). 3. After the second discount, the final price is \(\$405 \cdot 0.90 = \$364.50\). 4. Option 1 costs \(\$364.50 - \$360 = \$4.50\) less. 5. In Option 2, the second \(10\%\) discount is based on the already reduced price, so two \(10\%\) discounts do not equal one \(20\%\) discount.

Answer

Option 1: \(\$360\) Option 2: \(\$364.50\) Option 1 costs less by \(\$4.50\).
5117447
A customer receives a \(15\%\) loyalty discount on a bicycle. The discount saves exactly \(\$72\). What was the bicycle’s original price?

Hints

- The discount amount is a percent of the original price. - Use the \(15\%\) part to find \(100\%\).

Solution

1. The \(\$72\) savings is \(15\%\) of the original price. 2. Divide the discount amount by the discount rate: \(\$72 \div 0.15 = \$480\).

Answer

The bicycle’s original price was \(\$480\).
5125087
A store offers a tiered rebate: \(5\%\) of the first \(\$500\) of an item’s price, plus \(3\%\) of any portion above \(\$500\). a) Find the rebate on a smartphone priced at \(\$450\). b) Find the rebate on a camera priced at \(\$1200\). c) For the camera in part b), what percent of the full price is the total rebate? Round to the nearest hundredth of a percent.

Hints

- Determine which portion of each price is assigned to each rebate rate. - For a price above \(\$500\), split the calculation into two parts. - To find an overall percent, compare the total rebate with the full price.

Solution

1. For part a, the entire price is in the first tier, so the rebate is \(\$450 \cdot 0.05 = \$22.50\). 2. For part b, the rebate on the first \(\$500\) is \(\$500 \cdot 0.05 = \$25\). The amount above \(\$500\) is \(\$1200 - \$500 = \$700\), and its rebate is \(\$700 \cdot 0.03 = \$21\). The total rebate is \(\$25 + \$21 = \$46\). 3. For part c, the rebate as a percent of the full price is \(\frac{46}{1200} \cdot 100\% \approx 3.83\%\).

Answer

a) The rebate is \(\$22.50\). b) The rebate is \(\$46\). c) The rebate is approximately \(3.83\%\) of the camera’s price.
5127247
After a \(15\%\) price increase, an electric bicycle costs \(\$2012.50\). a) Find the original price before the increase. b) By how many dollars did the price increase? c) The seller wants to reduce the current price back to the original price. By what percent must the current price be reduced? Round to the nearest hundredth of a percent.

Hints

- After a \(15\%\) increase, what percent of the original price is the current price? - For part c), use the current price as the base amount. - The dollar increase and the dollar decrease needed to return are equal, but the percent bases are different.

Solution

1. The current price is \(115\%\) of the original price. The original price was \(\$2012.50 \div 1.15 = \$1750\). 2. The price increase was \(\$2012.50 - \$1750 = \$262.50\). 3. To return to the original price, the reduction is based on the current price: \(\frac{262.50}{2012.50} \approx 0.13043 = 13.04\%\).

Answer

a) \(\$1750\) b) \(\$262.50\) c) Approximately \(13.04\%\)
5127267
A tablet is offered by two online stores. Store A: Original price \(\$450\), with a \(10\%\) discount. Store B: Original price \(\$520\), with a \(25\%\) discount. a) Which store has the lower sale price? b) By what percent is the lower price less than the higher price? Round to the nearest tenth of a percent.

Hints

- Find both sale prices first. - For “percent lower than,” use the higher comparison price as the base.

Solution

1. Store A's sale price is \(\$450 \cdot 0.90 = \$405\). 2. Store B's sale price is \(\$520 \cdot 0.75 = \$390\), so Store B is less expensive. 3. The price difference is \(\$405 - \$390 = \$15\). 4. Relative to the higher price, the lower price is less by \(\frac{15}{405} \approx 0.0370 = 3.7\%\).

Answer

a) Store B, at \(\$390\) b) Approximately \(3.7\%\) lower
5127317
A mountain bike is discounted by \(20\%\) and sells for \(\$552.00\). How many dollars does a customer save compared with the original price?

Hints

- After a \(20\%\) discount, what percent of the original price remains? - Find the original price before calculating the dollar savings. - The question asks for the difference between the original and sale prices.

Solution

1. The sale price is \(80\%\) of the original price. 2. The original price was \(\$552.00 \div 0.80 = \$690.00\). 3. The savings were \(\$690.00 - \$552.00 = \$138.00\).

Answer

The customer saves \(\$138.00\).
5127337
A bicycle dealer increases the prices of all touring bicycles by \(12\%\). One model costs \(\$644\) after the increase. a) Find the original price. b) By how many dollars did the price increase?

Hints

- The new price is greater than \(100\%\) of the original price. - Divide by the increase multiplier to recover the original price. - Subtract the original price from the new price.

Solution

1. The new price is \(112\%\) of the original price, so the multiplier is \(1.12\). 2. The original price was \(\$644 \div 1.12 = \$575\). 3. The price increased by \(\$644 - \$575 = \$69\).

Answer

a) \(\$575\) b) \(\$69\)
5127427
A laptop is discounted by \(15\%\) and now costs \(\$680.00\). What was the original price?

Hints

- What percent of the original price remains after a \(15\%\) discount? - The original price must be greater than the sale price. - Divide the sale price by the remaining-price multiplier.

Solution

1. After the discount, \(85\%\) of the original price remains. 2. The original price was \(\$680.00 \div 0.85 = \$800.00\).

Answer

The original price was \(\$800.00\).
5127447
A juice company offers a promotional bottle labeled “\(20\%\) more for the same price.” The bottle now contains \(1.5\,\text{L}\) of juice and costs \(\$2.10\). a) How much juice was in the standard bottle? b) Find the price per liter for each bottle. By how many dollars per liter did the unit price decrease?

Hints

- The promotional amount is \(120\%\) of the standard amount. - Divide price by volume to find price per liter. - Find the standard amount before comparing unit prices.

Solution

1. The promotional amount is \(120\%\) of the standard amount. The standard bottle contained \(1.5\,\text{L} \div 1.20 = 1.25\,\text{L}\). 2. The standard bottle's unit price was \(\$2.10 \div 1.25\,\text{L} = \$1.68/\text{L}\). 3. The promotional bottle's unit price is \(\$2.10 \div 1.5\,\text{L} = \$1.40/\text{L}\). 4. The unit price decreased by \(\$1.68/\text{L} - \$1.40/\text{L} = \$0.28/\text{L}\).

Answer

a) \(1.25\,\text{L}\) b) Standard: \(\$1.68/\text{L}\); promotional: \(\$1.40/\text{L}\); decrease: \(\$0.28/\text{L}\)
5154237
An electronics store advertises a “double discount” on a television. First, the price is reduced by \(15\%\). At checkout, the reduced price receives an additional \(10\%\) discount. A customer says, “Great—I will save exactly one-fourth of the original price.” Check the claim and find the actual overall percent discount.

Hints

- Write one-fourth as a percent. - Find the percent of the original price remaining after each discount. - The second discount is based on the already reduced price.

Solution

1. After the first discount, \(85\%\) of the original price remains, giving a multiplier of \(0.85\). 2. After the second discount, \(90\%\) of the reduced price remains, giving a multiplier of \(0.90\). 3. The combined multiplier is \(0.85 \cdot 0.90 = 0.765\), so the final price is \(76.5\%\) of the original price. 4. The overall discount is \(100\% - 76.5\% = 23.5\%\). 5. One-fourth is \(25\%\), so the customer’s claim is incorrect.

Answer

The claim is incorrect. The actual overall discount is \(23.5\%\), not \(25\%\).
5222187
An online store sells T-shirts for \(\$p\) each. For an order of more than \(10\) shirts, the store gives a \(20\%\) discount on the merchandise. A one-time shipping charge of \(\$5.90\) is then added. Write and simplify an expression for the total cost \(G\) when a customer orders \(n\) shirts, where \(n>10\).

Hints

- First write the cost before the discount. - After a \(20\%\) discount, what percent of the original price remains? - The shipping charge is added once, not once per shirt. - Write the percent as a decimal factor.

Solution

1. Before the discount, the shirts cost \(np\) dollars. 2. A \(20\%\) discount means the customer pays \(80\%\), or \(0.80\), of that amount: \(0.80np\). 3. Add the one-time shipping charge: \(G=0.80np+5.90\).

Answer

\(G=0.80np+5.90\) dollars
5240157
During a sale, the price of a laptop was reduced twice. First, the original price was reduced by \(20\%\). Because the laptop still did not sell, the reduced price was then lowered by another \(15\%\). The laptop now costs \(\$544.00\). What was its original price before the two discounts?

Hints

- Work backward from the final price. - After a \(15\%\) discount, what percent of the previous price remains? - Remember that the second discount is applied to the already reduced price. - You can check your answer by applying both discounts to the original price.

Solution

1. The second discount left \(85\%\) of the price before that discount. Therefore, the price before the second discount was \(\$544.00 \div 0.85 = \$640.00\). 2. The first discount left \(80\%\) of the original price. Therefore, the original price was \(\$640.00 \div 0.80 = \$800.00\). 3. As a check, \(\$800.00 \cdot 0.80 \cdot 0.85 = \$544.00\).

Answer

The original price was \(\$800.00\).
5107177
A group of \(12\) people is choosing between two movie-ticket discounts. A regular ticket costs \(\$8.50\). Offer A: A \(15\%\) group discount on the total price for groups of at least \(10\). Offer B: A package of exactly \(4\) tickets for \(\$30\). Which offer costs less for the group? How much does the group save with the less expensive offer compared with regular prices?

Hints

- Find the regular cost for all \(12\) tickets. - Apply the percent discount for Offer A. - Determine how many four-ticket packages are required for Offer B, then compare the totals.

Solution

1. The regular price is \(12 \cdot \$8.50 = \$102.00\). 2. Under Offer A, the discount is \(\$102.00 \cdot 0.15 = \$15.30\), so the price is \(\$102.00 - \$15.30 = \$86.70\). 3. Under Offer B, the group needs \(12 \div 4 = 3\) packages, costing \(3 \cdot \$30 = \$90.00\). 4. Since \(\$86.70 < \$90.00\), Offer A costs less. 5. The savings compared with regular prices are \(\$102.00 - \$86.70 = \$15.30\).

Answer

Offer A costs less at \(\$86.70\). Offer B costs \(\$90.00\). The group saves \(\$15.30\) compared with the regular price of \(\$102.00\).
5114187
A mountain bike's price was reduced twice. First, the original price was reduced by \(20\%\). When the bike still did not sell, the reduced price was lowered by another \(10\%\). The bike now costs \(\$324\). a) What was the price after the first discount but before the second? b) What was the original price? c) By what percent was the original price reduced overall?

Hints

- Work backward from the final price. - After a \(10\%\) discount, \(90\%\) of the previous price remains. - The second discount is based on the already reduced price. - Compare the total dollar savings with the original price.

Solution

1. The final price is \(90\%\) of the price after the first discount. That price was \(\$324 \div 0.90 = \$360\). 2. The price after the first discount is \(80\%\) of the original price. The original price was \(\$360 \div 0.80 = \$450\). 3. The total savings were \(\$450 - \$324 = \$126\). 4. Relative to the original price, the overall discount was \(\frac{126}{450} = 0.28 = 28\%\).

Answer

a) \(\$360\) b) \(\$450\) c) \(28\%\)
5115777
Two department stores change prices on winter clothing. - Store A increases the price of a jacket by \(25\%\) to \(\$125\). - Store B decreases the price of a coat by \(25\%\) to \(\$150\). a) Find the price of each item before the change. b) A student says, “If someone incorrectly uses \(25\%\) of each new price to reverse the change—subtracting it at Store A and adding it at Store B—the error will be the same for both items because both changes are \(25\%\).” Check the claim with calculations and explain your conclusion.

Hints

- First find the correct original price for each item. - Then perform the incorrect calculations described in the claim. - Compare each incorrect result with the corresponding correct original price. - The size of a percent amount depends on both the percent and the base amount.

Solution

1. At Store A, \(\$125\) is \(125\%\) of the original price. The original price was \(\$125 \div 1.25 = \$100\). 2. At Store B, \(\$150\) is \(75\%\) of the original price. The original price was \(\$150 \div 0.75 = \$200\). 3. The incorrect calculation for Store A gives \(25\%\) of \(\$125\), or \(\$31.25\). Subtracting gives \(\$125 - \$31.25 = \$93.75\), which is \(\$6.25\) below the correct original price. 4. The incorrect calculation for Store B gives \(25\%\) of \(\$150\), or \(\$37.50\). Adding gives \(\$150 + \$37.50 = \$187.50\), which is \(\$12.50\) below the correct original price. 5. The errors are not equal. Reversing a \(25\%\) increase requires division by \(1.25\), while reversing a \(25\%\) decrease requires division by \(0.75\). The new prices are also different.

Answer

a) Store A: \(\$100\); Store B: \(\$200\) b) The claim is incorrect. The error is \(\$6.25\) for Store A and \(\$12.50\) for Store B.
5115957
A movie theater offers two annual discount cards. A regular ticket costs \(\$12\). - The Saver Card costs \(\$24\) per year and gives \(25\%\) off each ticket. - The Premium Card costs \(\$72\) per year and gives \(50\%\) off each ticket. a) Find the total annual cost for someone who sees \(10\) movies with each card. b) Starting with which movie visit is the Premium Card less expensive overall than the Saver Card?

Hints

- First find the discounted ticket price for each card. - Include both the annual card fee and ticket costs. - For part b), compare the extra card fee with the amount saved per visit.

Solution

1. A Saver Card ticket costs \(\$12 \cdot 0.75 = \$9\). A Premium Card ticket costs \(\$12 \cdot 0.50 = \$6\). 2. For \(10\) visits, the Saver Card costs \(\$24 + 10 \cdot \$9 = \$114\). 3. For \(10\) visits, the Premium Card costs \(\$72 + 10 \cdot \$6 = \$132\). 4. The Premium Card costs \(\$72 - \$24 = \$48\) more initially but saves \(\$9 - \$6 = \$3\) per visit. 5. The cards cost the same after \(\$48 \div \$3 = 16\) visits. Therefore, the Premium Card becomes less expensive at the \(17\)th visit.

Answer

a) Saver Card: \(\$114\); Premium Card: \(\$132\) b) The Premium Card is less expensive starting with the \(17\)th visit.
5125097
A store offers a tiered rebate: \(5\%\) of the first \(\$500\) of an item’s price, plus \(3\%\) of any portion above \(\$500\). A customer receives a rebate of exactly \(\$37\) on a designer bag. What was the bag’s price? Explain your reasoning.

Hints

- Find the rebate on an item priced at exactly \(\$500\). - Compare that amount with the given rebate. - Separate the total rebate into the first-tier rebate and the rebate on the amount above \(\$500\).

Solution

1. A \(\$500\) item earns a rebate of \(\$500 \cdot 0.05 = \$25\). Since \(\$37 > \$25\), the bag cost more than \(\$500\). 2. The rebate from the portion above \(\$500\) is \(\$37 - \$25 = \$12\). 3. Let \(x\) be the amount of the price above \(\$500\). Then \(0.03x = 12\), so \(x = \frac{12}{0.03} = 400\). 4. The bag’s price was \(\$500 + \$400 = \$900\).

Answer

The bag’s price was \(\$900\).
5125107
A store is considering two rebate plans. Plan A: \(5\%\) of the first \(\$500\) of an item’s price, plus \(3\%\) of any portion above \(\$500\). Plan B: \(4\%\) of the item’s full price. Determine which plan gives the larger rebate when the item costs: a) \(\$400\) b) \(\$2000\) c) At what item price do the two plans give exactly the same rebate?

Hints

- Calculate both rebates separately in parts a and b. - For a price above \(\$500\), split Plan A into two tiers. - For part c, write an equation that sets the two rebate amounts equal.

Solution

1. For part a, Plan A gives \(\$400 \cdot 0.05 = \$20\), while Plan B gives \(\$400 \cdot 0.04 = \$16\). Plan A is better. 2. For part b, Plan A gives \(\$25 + (\$2000 - \$500)\cdot 0.03 = \$25 + \$45 = \$70\). Plan B gives \(\$2000 \cdot 0.04 = \$80\). Plan B is better. 3. For part c, the equal-rebate price must be above \(\$500\). Let \(x\) be the price. Solve \(25 + 0.03(x - 500) = 0.04x\). 4. Simplifying gives \(10 + 0.03x = 0.04x\), so \(10 = 0.01x\) and \(x = 1000\). Each plan then gives a \(\$40\) rebate.

Answer

a) Plan A gives the larger rebate: \(\$20\) instead of \(\$16\). b) Plan B gives the larger rebate: \(\$80\) instead of \(\$70\). c) The rebates are equal at an item price of \(\$1000\); each rebate is \(\$40\).
5143617
A cereal company reduces a package from \(24\,\text{oz}\) to \(20\,\text{oz}\) but keeps the price at \(\$4.50\). A consumer advocate says, “That is a hidden price increase of \(20\%\).” The company replies, “We reduced the amount by less than \(17\%\).” Determine whether both statements are mathematically correct. Find the percent decrease in package size and the percent increase in price per \(4\,\text{oz}\).

Hints

- Use the original package size as the base for the size decrease. - Find the old and new prices for the same \(4\,\text{oz}\) amount. - Compare the unit-price increase with the old unit price.

Solution

1. The package size decreased by \(24 - 20 = 4\,\text{oz}\). Relative to the original size, \(\frac{4}{24} = \frac{1}{6} \approx 16.67\%\). Therefore, the company's statement is correct. 2. The old price per \(4\,\text{oz}\) was \(\$4.50 \div 6 = \$0.75\). 3. The new price per \(4\,\text{oz}\) is \(\$4.50 \div 5 = \$0.90\). 4. The unit price increased by \(\$0.90 - \$0.75 = \$0.15\). Relative to the old unit price, \(\frac{0.15}{0.75} = 0.20 = 20\%\). Therefore, the consumer advocate's statement is also correct.

Answer

Both statements are correct. The package size decreased by approximately \(16.67\%\), while the price per \(4\,\text{oz}\) increased by \(20\%\).
5149857
An online store considers two pricing strategies for a game console. Strategy A: Increase the price by \(15\%\), then decrease the new price by \(15\%\) the next month. Strategy B: Decrease the price by \(15\%\), then increase the new price by \(15\%\) the next month. Compare the final prices. Which strategy gives the customer the lower final price? Justify your answer.

Hints

- Write each price change as a decimal multiplier. - Compare the products of the two multipliers. - Does changing the order of two factors change their product?

Solution

1. Strategy A has an overall multiplier of \(1.15 \cdot 0.85 = 0.9775\). 2. Strategy B has an overall multiplier of \(0.85 \cdot 1.15 = 0.9775\). 3. The multipliers are equal because multiplication is commutative. 4. Both final prices are \(97.75\%\) of the original price, which is a \(2.25\%\) decrease.

Answer

Both strategies give the same final price. In either case, the console ends at \(2.25\%\) below its original price.

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