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The first printer costs $54, and each additional printer costs 5% less than the price of the previous printer, up to 15 printers. What is the total cost of 12 printers

Sagot :

The total cost of 12 printers is; $493.41

Cost of first printer; C1 = $54

Cost of second printer is; 95% × 54 = $51.3

Cost of third printer is; 0.95 × 51.3 = $48.735

Cost of fourth printer = 0.95 × 48.735 = $46.298

Now, let us apply same pattern using a calculator for the remaining costs and we will have them as follows;

  • Cost of 5th printer = $43.983
  • Cost of 6th printer = $41.784
  • Cost of 7th printer = $39.695
  • Cost of 8th printer = $37.710
  • Cost of 9th printer = $35.825
  • Cost of 10th printer = $34.033
  • Cost of 11th printer = $32.332
  • Cost of 12th printer = $30.715

Total cost of the 12 printers is;

54 + 51.3 + 48.735 + 46.298 + 43.983 + 41.784 + 36.695 + 37.710 + 35.825 + 34.033 + 32.332 + 30.715 = $493.41

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