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A manufacturer offers a 25/20 chain discount if the invoice subtotal is above $1,000. If the list price is $45 per item, what is the total price of the first invoice that activates the chain discount? A. $648.00 C. $569.25 B. $621.00 D. $594.00

A manufacturer offers a 25/20 chain discount if the invoice subtotal is above $1,000. If the list price is $45 per item, what is the total price of the first invoice that activates the chain discount? A. $648.00 C. $569.25 B. $621.00 D. $594.00

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.9: Opposites And Absolute Values
Problem 10MRE
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**Problem Statement:** A manufacturer offers a 25/20 chain discount if the invoice subtotal is above $1,000. If the list price is $45 per item, what is the total price of the first invoice that activates the chain discount? **Options:** A. $648.00 B. $621.00 C. $569.25 D. $594.00 --- **Explanation:** This mathematical problem involves calculating the effects of a chain discount on a given invoice subtotal. The goal is to determine the total price of an invoice that qualifies for a chain discount. Here, a chain discount of 25/20 implies a successive application of two discounts: first 25%, and then 20%. The list price provided is $45 per item. The problem requires calculating the total price after applying these discounts to establish when the invoice goes over $1,000.
Transcribed Image Text:**Problem Statement:** A manufacturer offers a 25/20 chain discount if the invoice subtotal is above $1,000. If the list price is $45 per item, what is the total price of the first invoice that activates the chain discount? **Options:** A. $648.00 B. $621.00 C. $569.25 D. $594.00 --- **Explanation:** This mathematical problem involves calculating the effects of a chain discount on a given invoice subtotal. The goal is to determine the total price of an invoice that qualifies for a chain discount. Here, a chain discount of 25/20 implies a successive application of two discounts: first 25%, and then 20%. The list price provided is $45 per item. The problem requires calculating the total price after applying these discounts to establish when the invoice goes over $1,000.
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