If Verizon offers to sell cellphones listing for $99.99 with a chain discount of 15/10/5, she might save $4.20 if she purchases through the selling price less expensive provider.
The ultimate price set by the seller—that is, the amount the consumer pays—is known as the selling price of a good or service. The exchange can be for a certain amount, weight, or measurement of a good or cellphones service. It is one of the most crucial elements that a business must consider. It is crucial since it will determine whether or not it survives.
Verizon : Cost = $ 99.99
Chain discount of 15/10/5
Total discount = (1-0.15)*(1-0.10)*(1-0.05)
= 0.72675
First 15% discount
The New Cost will be = 99*(1-15/100)
= 99.9980.85
On the new 10% discount is given
Now the price will be = 99.99*0.85(1-10/100)
= 99.99(0.85)(0.90)
After , a discount of 5% is given
The selling price will be = 99.99(0.85)(0.90)(1-5/100)
= 99.99*0.85*0.90*0.95
= 72.667
= $ 72.7
Similarly , For cellular
The sell price will be = 102.99(1-0.25)(1-0.05)
= 102.99
= 73.38037
$ 73.4
Irene wants to buy 6 phone
The amount she save if she buy from the lower- priced cellphones
of the company = 6(73.4-72.7)
= $4.20
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