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Question 7 of 7 >
A lakeside resort offered a midweek package at [tex]$183 per night for two people. The package included accom for two, regularly priced at $[/tex]15 per person, and a 15% discount on spa services, a value of $60 per person.
(a) What was the overall markdown at which the packages were sold?
(b) What was the overall rate of markdown at which the packages were sold?
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(a) The overall markdown was S
(Type an integer or a decimal.)
(b) The overall rate of markdown was ☐ %.
(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal place



Answer :

Answer:

To solve this, let's break down the components of the midweek package and calculate the markdown and the markdown rate.

### Step-by-Step Solution

1. **Identify the regular price components:**

- **Accommodation:** $183 per night for two people.

- **Breakfast:** Regularly priced at $15 per person, so for two people: \( 2 \times 15 = 30 \) dollars.

- **Spa Services:** 15% discount on spa services valued at $60 per person, so for two people: \( 2 \times 60 = 120 \) dollars.

2. **Calculate the total regular price without discount:**

- Total regular price = Accommodation + Breakfast + Spa Services

- Total regular price = \( 183 + 30 + 120 = 333 \) dollars.

3. **Calculate the discount on spa services:**

- Discount on spa services = 15% of $120.

- Discount = \( 0.15 \times 120 = 18 \) dollars.

4. **Calculate the total discounted price:**

- Total discounted price = Total regular price - Discount on spa services.

- Total discounted price = \( 333 - 18 = 315 \) dollars.

5. **Overall markdown:**

- Overall markdown = Total regular price - Package price.

- Overall markdown = \( 333 - 183 = 150 \) dollars.

6. **Overall rate of markdown:**

- Overall rate of markdown = \( \left( \frac{Overall\ markdown}{Total\ regular\ price} \right) \times 100 \% \).

- Overall rate of markdown = \( \left( \frac{150}{333} \right) \times 100 \% \).

- Overall rate of markdown ≈ 45.05% (rounded to two decimal places).

### Answers:

(a) The overall markdown was $150.

(b) The overall rate of markdown was 45.05%.