4.8
4.9
4.7

# Grantham Salvatore Ferragamo Store Successive Discounts Research Paper

Retailers often mark down products in order to attract customers. We all like a good sale at our favorite store. This week we will discuss successive discounts. Here is an example of a successive discount. I went to my favorite store and I found a purse on sale for 30% off. Luckily that day, the store also offered an additional 25% off the already discounted price. The original price of the purse was \$120. How much did I pay for the purse if the sales tax rate is 8.25%? Here is how I can find the final price: Find the complements of the discounts: The complement of 30% is (100% – 30%) = 70% = 0.70. The complement of 25% is (100% – 25%) = 75% = 0.75. Multiply the original price by the complements of the discounts: (\$120)(0.70)(.75) = \$63 This is the sale price. Now find the total price including tax. To do this multiply the sale price by (1 + the sales tax) (\$63)(1 + .0825) = \$68.20 This is the total price I paid. Find an example of a successive discount, either form your favorite store, in a weekly circular, or on the internet. Show all your calculations for finding the sale price (using the example above as a guideline) including the sales tax using the sales tax rate in your community. Discuss how most people miscalculate successive discounts in comparison to the calculation you posted and explain the reasons for the miscalculation most people do.

## Ordering Homework Writing Service

You can get our ideal online homework help services with four easy steps. All you have to do is inform us of your requirements. Immediately we will match with a specialist in your academic discipline. After that, we will track your order, review it to ensure it meets your requirements, and submit it to your email.

#### Submit Requirements

Fill in your assignment instructions on the order form

#### Quality review

We have a team of editors, who will thoroughly review your assignment, ensuring there are no errors before submission

### Affordable

Budget-friendly writing services

### Privacy

We don’t share our client’s information with a third party

### Unique

We write every assignment from scratch

## Amazing Homework Writing Features

Once you consult us for homework help online services, you will attest to why we are among the USA's best essay writing services.

Read on and find out some of the features that make our services superlative.

## Free Homework Writing Services

#### Free plagiarism checker

You can confirm that the content you get is original for free using our plagiarism checker.

#### Free title page and bibliography

Once you place an order, we format it accordingly without demanding additional charges.

#### Free unlimited revisions

We offer free unlimited revisions until your assignment is of your desired quality..