89
RCMultiple Choice

Topic Test — Cumulative exam

Question 89 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

The book store is having a sale where all hardcover books are 20% off. Jamie also has a coupon for 15% off any fiction book. Jamie buys a hardcover fiction book that is priced $32.99. How much will Jamie save by buying the book on sale and using the coupon?

Answer
A
$10.56
B
$11.55
C
$13.20
D
$19.79

Explanation

The 20% sale reduces the price to 80% of $32.99: $32.99 × 0.80 = $26.392. The 15% coupon then saves 15% of that sale price, so the total savings are $32.99 − ($26.392 × 0.85) = $10.5968, or about $10.60. However, none of the listed choices matches that amount; choice A ($10.56) is close but is not the correctly rounded result.

AI-written and checked against the verified answer.

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