A previous representative told me that i would receive a 17% discount on my $123.76 service plan . how much is the discount?
Customer: “A previous representative told me that I would receive a 17% discount on my $123.76 service plan. How much is the discount?” Representative: “You will receive a discount of $2.10 $2.63 $18.43 o $21.04 $26.32 o
The correct answer and explanation is:
Correct Answer:
The correct discount amount is $21.04.
Explanation:
To calculate the discount, we use the formula: Discount=Original Price×(Discount Percentage100)\text{Discount} = \text{Original Price} \times \left(\frac{\text{Discount Percentage}}{100}\right) =123.76×(17100)= 123.76 \times \left(\frac{17}{100}\right) =123.76×0.17= 123.76 \times 0.17 =21.0392= 21.0392
Rounding to two decimal places, the discount is $21.04.
Why $21.04 is Correct:
Among the given choices, $21.04 is the closest match to the calculated value. This means that the correct discount the customer should expect on their service plan is $21.04.
Why Other Answers Are Incorrect:
- $2.10 and $2.63 are far too low to be a 17% discount on $123.76.
- $18.43 is lower than 17% of $123.76.
- $26.32 is more than 17%, making it an incorrect choice.
What This Means for the Customer:
- After applying the discount, the final price of the service plan would be:
123.76−21.04=102.72123.76 – 21.04 = 102.72
So, the customer would pay $102.72 after the 17% discount.