Two stores sell the same model of smartphone, but they offer it at different prices and with different discounts. Store A lists the smartphone at a full price of $125 and offers an additional discount of 8%. Store B lists the same smartphone for $130 and offers an additional discount of 10%. After both stores' discounts are applied, how much cheaper is store A's smartphone than store B's smartphone?
Thoughts? Step-by-step reasoning:
Store A has a $125 x 8 / 100 = $10 discount. So the smartphone from store A will only cost $125 - $10 = $115. Store B has a $130 x 10 / 100 = $13 discount. So the smartphone from store B will only cost $130 - $13 = $117. Thus, store A's smartphone is $117 - $115 = $2 cheaper than that of store B.
Thus, the answer is 2.