If a store sells an item for $80 after applying a discount of 20%, what was the marked price?
Practice Questions
1 question
Q1
If a store sells an item for $80 after applying a discount of 20%, what was the marked price?
$100
$90
$110
$120
Let the marked price be x. After a 20% discount, the selling price is x - (0.20 * x) = 0.80x. Setting this equal to $80 gives 0.80x = $80, so x = $100.
Questions & Step-by-step Solutions
1 item
Q
Q: If a store sells an item for $80 after applying a discount of 20%, what was the marked price?
Solution: Let the marked price be x. After a 20% discount, the selling price is x - (0.20 * x) = 0.80x. Setting this equal to $80 gives 0.80x = $80, so x = $100.
Steps: 11
Step 1: Understand that the store sells an item for $80 after a discount.
Step 2: Know that the discount is 20% of the marked price.
Step 3: Let the marked price be represented by 'x'.
Step 4: Calculate the selling price after the discount: Selling Price = Marked Price - Discount.
Step 5: The discount can be calculated as 20% of 'x', which is 0.20 * x.
Step 6: Therefore, the selling price can be written as: Selling Price = x - (0.20 * x).
