The Lamp House is having a special discount of 5-10% off all lamps. Stefan wants to buy a table lamp that originally costs $80.00 but is currently discounted 5%. Using 10% as a benchmark, how much of a discount would Stefan receive on the table lamp
To calculate the discount Stefan would receive on the table lamp at a 5% discount, we can use the benchmark of 10% as a reference point.
First, calculate the amount of discount Stefan would get at a 10% discount:
10% of $80.00 = 0.10 * $80.00 = $8.00
Now, since Stefan is only receiving a 5% discount, we can calculate the discount amount by halving the discount from the 10% benchmark:
$8.00 / 2 = $4.00
Therefore, Stefan would receive a discount of $4.00 on the table lamp priced at $80.00.