A merchant gets a 5% discount on each meter of fabric he buys after the first 2,000 meters and a 7% discount on every meter after the next 1,500 meters. The price, before discount, of one meter of fabric is $2, what is the total amount of money the merchant spends on 5,000 meters of fabric?
Pick one:
A) $8280
B) $8520
C) $8710
D) $8930
E) $9640
For first 2000 meters he does not get any discount.   The price is  2*2000= 
<gadget id="calculator"> 2*2000</gadget>
<output>4_000</output>
$4000   For next 1500 meters, he gets a 5% discount.   The price is  1.9*1500= 
<gadget id="calculator"> 1.9*1500</gadget>
<output>2_850</output>
$2850   For the next 1500 meters, he gets a 7% discount.   The price is  1.86*1500= 
<gadget id="calculator"> 1.86*1500</gadget>
<output>2_790</output>
$2790   The total price is $4000 + $2850 + $2790 = $9640   The answer is $9640.  4000 +  2850 +  2790= 
<gadget id="calculator">  4000 +  2850 +  2790</gadget>
<output>9_640</output>
$9640   The answer is $9640.
<result>E</result>
A merchant gets a 5% discount on each meter of fabric he buys after the first 2,000 meters and a 7% discount on every meter after the next 1,500 meters. The price, before discount, of one meter of fabric is $2, what is the total amount of money the merchant spends on 5,000 meters of fabric?