Mike decides to buy a new camera. He wants to buy a top-of-the-line camera but he decides to wait for the new model to come out. The new model costs 30% more than the current model. The old camera cost $4000. He gets $200 off a $400 lens he bought. How much did he pay for the camera and lens? Let's be accurate as possible.
The new camera cost 4000 * .3 = $1200 more than the old camera. So the camera cost 4000 + 1200 = $5200. The lens cost 400 - 200 = $200. So the total cost was 5200 + 200 = $5400.
The answer: 5400.