I don't want the answer to this question, but if someone could please tell me how to work it out, that would be great and I could finish it on my own.
Thank you very much:)
Question-
Your station charges $15.95 for an oil change. As a promotion you sell six coupons for oil changes for $80. What percentage discount are you offering for customers who purchase the 6-coupon book?
divide the $80 by 6 to see how much each oil change costs with a coupon.
So, you want to find out what percentage the discount is of the retail price of $15.95.
So, subtract the coupon price from the retail price to get the savings, then divide that by the retail price.
And, of course, multiply by 100 at the end to convert a decimal value to %!
To find the percentage discount offered for customers who purchase the 6-coupon book, you need to compare the original price of the oil changes with the price of the coupon book.
First, calculate the price per oil change without the coupon book. Divide the total price for the oil change by the number of oil changes:
$15.95 / 1 = $15.95 per oil change.
Next, calculate the total price for 6 oil changes without the coupon book:
$15.95 x 6 = $95.70.
Now, compare the price of the coupon book with the total price for 6 oil changes.
Coupon book price: $80.
Total price for 6 oil changes: $95.70.
To find the discount, subtract the coupon book price from the total price for 6 oil changes:
$95.70 - $80 = $15.70.
Finally, calculate the percentage discount by dividing the discount by the original price and multiplying by 100:
($15.70 / $95.70) x 100 ≈ 16.36%.
Therefore, you are offering customers who purchase the 6-coupon book a discount of approximately 16.36%.