What is the final cost of a pair of shoes with a [tex]$\$[/tex]60[tex]$ sticker price if the discount, coupon, and rebate shown in the table below are used?

\begin{tabular}{|l|r|}
\hline Sticker Price & $[/tex]\[tex]$60.00$[/tex] \\
\hline Discount & [tex]$25\%$[/tex] \\
\hline Coupon & [tex]$\$[/tex]9.00[tex]$ \\
\hline Mail-in Rebate & $[/tex]\[tex]$3.00$[/tex] \\
\hline
\end{tabular}

Final Cost [tex]$=\$[/tex][?]$



Answer :

Sure, let's break this down step-by-step to find the final cost of a pair of shoes with a \[tex]$60 sticker price using the given discount, coupon, and mail-in rebate. 1. Initial Sticker Price: The initial sticker price of the shoes is \$[/tex]60.00.

2. Calculate the Discount Amount:
- The discount given is 25%.
- To find the discount amount, we multiply the initial price by the discount percentage converted to decimal form:
[tex]\[ \text{Discount Amount} = \$60.00 \times \left(\frac{25}{100}\right) = \$60.00 \times 0.25 = \$15.00 \][/tex]

3. Price After Discount:
- Subtract the discount amount from the initial sticker price to get the price after the discount is applied:
[tex]\[ \text{Price After Discount} = \$60.00 - \$15.00 = \$45.00 \][/tex]

4. Apply the Coupon:
- The coupon value is \[tex]$9.00. - Subtract the coupon value from the price after discount: \[ \text{Price After Coupon} = \$[/tex]45.00 - \[tex]$9.00 = \$[/tex]36.00
\]

5. Apply the Mail-in Rebate:
- The mail-in rebate value is \[tex]$3.00. - Subtract the rebate value from the price after coupon: \[ \text{Final Cost} = \$[/tex]36.00 - \[tex]$3.00 = \$[/tex]33.00
\]

So, the final cost of the pair of shoes, after applying the 25% discount, the \[tex]$9.00 coupon, and the \$[/tex]3.00 mail-in rebate, is \[tex]$33.00. Final Cost = \$[/tex]33.00