A store allows shcools to purchase gift cards at an 8% discount. The school then can resell the cards at full price and keep the difference. how much would a school pay to purchase gift cards with a total value of 3,200?
The school would pay 92% of the total value of the gift cards since they are purchased at an 8% discount.
So, the school would pay 92% of $3,200 which is (92/100) x $3,200 = $2,944.
Therefore, the school would pay $2,944 to purchase gift cards with a total value of $3,200.