MathDB
Three Successive Discounts

Source:

February 11, 2009

Problem Statement

On a $10000 \$10000 order a merchant has a choice between three successive discounts of 20% 20 \%, 20% 20 \%, and 10% 10\% and three successive discounts of 40% 40 \%, 5% 5 \%, and 5% 5 \%. By choosing the better offer, he can save: <spanclass=latexbold>(A)</span> nothing at all<spanclass=latexbold>(B)</span> $440<spanclass=latexbold>(C)</span> $330<spanclass=latexbold>(D)</span> $345<spanclass=latexbold>(E)</span> $360 <span class='latex-bold'>(A)</span>\ \text{nothing at all} \qquad <span class='latex-bold'>(B)</span>\ \$440 \qquad <span class='latex-bold'>(C)</span>\ \$330 \qquad <span class='latex-bold'>(D)</span>\ \$345 \qquad <span class='latex-bold'>(E)</span>\ \$360