20 teachers made a bulk purchase of some textbooks. The teachers received a 24% discount for the bul

Discussion in 'Calculator Requests' started by math_celebrity, Nov 2, 2020.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    20 teachers made a bulk purchase of some textbooks. The teachers received a 24% discount for the bulk purchase, which originally cost $5230. Assuming the cost was divided equally among the teachers, how much did each teacher pay?

    Calculate Discount Percent:
    If the teachers got a 24% discount, that means they paid:
    100% - 24% = 76%
    76% as a decimal = 0.76 (Discount Percent)

    Calculate discount price:
    Discount Price = Full Price * (Discount Percent)
    Discount Price = 5230 * 0.76
    Discount Price = 3974.80

    Price per teacher = Discount Price / Number of Teachers
    Price per teacher = 3974.80 / 20
    Price per teacher = $198.74
     

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