Question

Verizon offers to sell cellular phones listing for $100.04 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $103.09 with a chain discount of 25/5. If Irene is to buy seven phones, how much could she save if she buys from the lower-priced company? (Do not round intermediate calculations. Round all dollar amounts to the nearest hundredth. Round your final answer to the nearest cent.)

Amount saved            

Answer 1

Equivalent Price - Verizon = List price x (1-Discount 1) x (1-Discount 2) x (1-Discount 3)
Equivalent Price - Verizon = $100.04 X (1 - 15%) X (1 - 10%) X (1 - 5%)
Equivalent Price - Verizon = $72.70 per piece (Approx.)
Equivalent Price - Celluar Company = $103.09 X (1 - 25%) X (1 - 5%)
Equivalent Price - Celluar Company = $73.45 per piece (approx.)
Company should but from Verizon Company
Amount Saved = ($73.45 - $72.70) X 7 Piece
Amount Saved = $5.23 (Approx.)