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A product is marked at $200 and is sold at a 15% discount. What is the selling p
A product is marked at $200 and is sold at a 15% discount. What is the selling price?
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Q1
A product is marked at $200 and is sold at a 15% discount. What is the selling price?
$170
$180
$190
$200
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Selling price = 200 - (15/100 * 200) = 200 - 30 = $170.
Questions & Step-by-step Solutions
1 item
Q
Q: A product is marked at $200 and is sold at a 15% discount. What is the selling price?
Solution:
Selling price = 200 - (15/100 * 200) = 200 - 30 = $170.
Steps: 6
Show Steps
Step 1: Identify the marked price of the product, which is $200.
Step 2: Determine the discount percentage, which is 15%.
Step 3: Calculate the amount of the discount by multiplying the marked price by the discount percentage: 15/100 * 200.
Step 4: Perform the multiplication: 15/100 equals 0.15, so 0.15 * 200 equals $30.
Step 5: Subtract the discount amount from the marked price to find the selling price: 200 - 30.
Step 6: Perform the subtraction: 200 - 30 equals $170.
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