what is the final cost of a desk chair with a $100 sticker price if the discount, coupon, and rebate shown…

what is the final cost of a desk chair with a $100 sticker price if the discount, coupon, and rebate shown in the table below are used?\n|sticker price|$100.00|\n|discount|25%|\n|coupon|$20.00|\n|mail - in rebate|$5.00|\nfinal cost = $?

what is the final cost of a desk chair with a $100 sticker price if the discount, coupon, and rebate shown in the table below are used?\n|sticker price|$100.00|\n|discount|25%|\n|coupon|$20.00|\n|mail - in rebate|$5.00|\nfinal cost = $?

Answer

Answer:

$40$

Explanation:

Step1: Calculate discounted price

$100\times(1 - 25%)=100\times0.75 = 75$

Step2: Subtract coupon value

$75- 20=55$

Step3: Subtract rebate value

$55 - 5=40$