Question

plz help me i will mark brainliest and show work please

An apartment costs $875 per month to rent. The owner raises the price by 20% and then gives a discount of 8% to renters who sign a 18 month lease. How much less do renters sign a 18 month lease pay per month to rent the apartment.

Answer 1

20%875$=175$; 875$+175$=1050$

8%1050$=84$ 1050$-84$=966$

Hope it helps

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Answer 2

Given:

Normal Rate = $875 per month

Owner raise rent by 20% and then give a 8% discount for 18 month lease.

To Find:

The difference between the rent at normal time and the 18 month lease.

Solution

Find the rental per month for the 18 month lease:

Increase = 20%

Increase = 0.2 x 875

Increase = $175

Rental after the increase = 875 + 175

Rental after the increase = $1050

Discount = 8%

Discount = 0.08 x 1050

Discount = $84

Rental after discount = 1050 - 84

Rental after discount = $966

Difference in the rental amount:

Normal Time = $875

Rental with the 18 month lease = $966

Difference = 966 - 875

Difference = $91

Answer: It costs $91 more to sign the 18-month lease contract.