MEGA Elementary Education Multi-Content Practice Test

What is the total percentage savings on an appliance originally priced at $150 after a 15% and then a 20% discount?

1. 30%

2. 32%

3. 35%

4. 38%

The correct answer is: 32%

To determine the total percentage savings on the appliance after applying two successive discounts of 15% and 20%, it's necessary to calculate the final price after each discount step by step. First, start with the original price of $150. The first discount of 15% is applied to this original price. To find this discount, calculate 15% of $150: 15% of $150 = 0.15 * 150 = $22.50. Now, subtract this discount from the original price to find the new price after the first discount: $150 - $22.50 = $127.50. Next, apply the second discount of 20%. This discount is now based on the reduced price of $127.50. Calculate 20% of $127.50: 20% of $127.50 = 0.20 * 127.50 = $25.50. Subtract this second discount from the price after the first discount: $127.50 - $25.50 = $102.00. Now, to find the total savings, we need to subtract the final price from the original price: Total savings = Original price - Final price = $150 - $102.00 = $48.