A department store offers a 10% discount for the amount exceeding $100 of the customer's total charge. Jaco bought a pair of shoes for $74; 2 pairs of socks that cost $2 per pair; a bag that costs $42. How much will Jaco pay for those items?
Two pairs of socks cost $2 x 2 = $<<2*2=4>>4.
Jaco's total charge is $74 + $4 + $42 = $<<74+4+42=120>>120.
The amount that exceeds $100 is $120 - $100 = $<<120-100=20>>20.
So, Jaco has $20 x 10/100 = $<<20*10/100=2>>2 discount.
Therefore, Jaco will pay $120 - $2 = $<<120-2=118>>118 for those items.
#### 118