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sale. Any damaged stock will be discounted by 35%.A refrigerator is scratched and discounted to $1820.a What was the original price of the refrigerator?b How much money is saved because of the scratch on the door?

Question

sale. Any damaged stock will be discounted by 35%.A refrigerator is scratched and discounted to $1820.a What was the original price of the refrigerator?b How much money is saved because of the scratch on the door?

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Solution

a. The refrigerator was discounted by 35% due to damage, which means the $1820 is 65% of the original price. To find the original price, you can use the formula:

Original Price = Discounted Price / (1 - Discount Rate)

So, the original price would be 1820/0.65=1820 / 0.65 = 2800.

b. The amount of money saved due to the scratch can be calculated by subtracting the discounted price from the original price.

So, the money saved would be 28002800 - 1820 = $980.

This problem has been solved

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