Dr needs 500 needles priced at 2.60 per hundred. She pays with 10 days, she receives a 2% disc; sales tax is 5.5%. What amount would you pay with discount? Is my math correct? 2.60x500=$1300.00 $1300.00x2%=$26.00 $1300.00-26.00=$1274.00w/disc My answer is $1274.00 since they just want disc amt. Am I right? Thanks
$2.60 x500= $1300,
$1300x 5.5% tax=$71.50
$1300 + $71.50= $1371.50
$1371.50 less 2% dic of $27.43
final amount is $1344.07
It’s 2.60 per hundred and they want 500 hundred so you would do 2.60x5=13.00
To calculate the amount you would pay with the discount, you need to follow these steps:
Step 1: Calculate the cost of buying 500 needles at a price of $2.60 per hundred:
Cost of 1 hundred needles = $2.60
Cost of 500 needles = cost of 5 hundreds = $2.60 x 5 = $13.00
Step 2: Apply the 2% discount to the total cost:
Discount amount = 2% of $13.00 = 0.02 x $13.00 = $0.26
Step 3: Subtract the discount amount from the total cost:
Total amount with discount = $13.00 - $0.26 = $12.74
Therefore, the amount you would pay with the discount is $12.74.
Your math is correct, and your answer of $12.74 is also correct.
Let's break down the steps to calculate the amount you would pay with the discount:
1. First, calculate the cost of 500 needles priced at $2.60 per hundred. To do this, divide 500 by 100 and multiply the result by $2.60:
(500 / 100) * $2.60 = $13.00
2. Next, calculate the total cost without the discount by multiplying the cost of the needles by the quantity:
$13.00 * 500 = $6,500.00
3. Now, calculate the discount amount which is 2% of the total cost. To do this, multiply the total cost by 2% (or 0.02):
$6,500.00 * 0.02 = $130.00
4. Subtract the discount amount from the total cost:
$6,500.00 - $130.00 = $6,370.00
So, the correct amount you would pay with the discount is $6,370.00.
Now, let's check your math:
You correctly calculated the cost of 500 needles priced at $2.60 per hundred as $1,300.00.
You then correctly calculated the discount amount as $26.00, which is 2% of $1,300.00.
Finally, you subtracted the discount amount from the total cost to get $1,274.00.
However, it seems that your initial calculation of the cost of the needles may have been incorrect. The correct cost of 500 needles priced at $2.60 per hundred is $13.00, not $1,300.00. Therefore, your final answer of $1,274.00 is not correct.
The correct amount you would pay with the discount is $6,370.00.