The Shop and Save is starting their annual clearance and the store has sent out to all their customers a coupon book offering a variety of savings on their products. The LCD television that you have wanted was reduced by 35% prior to the annual clearance. In addition, the coupon book has a 10% off coupon for the LCD television. Determine what you would pay after applying the discounts given that the price of the LCD television was $1,325. Round your answer to the nearest cent.
The 35% reduction leaves 65% of the original price: $1,325 × 0.65 = $861.25. The additional 10% coupon leaves 90% of that price: $861.25 × 0.90 = $775.125, which rounds to $775.13, choice B.
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