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If a product is marked at $300 and a discount of 10% is offered, what is the sel

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Question: If a product is marked at $300 and a discount of 10% is offered, what is the selling price?

Options:

  1. $270
  2. $300
  3. $280
  4. $290

Correct Answer: $270

Solution: 

Discount = 10% of 300 = 30. Selling Price = Marked Price - Discount = 300 - 30 = $270.

If a product is marked at $300 and a discount of 10% is offered, what is the sel

Practice Questions

Q1
If a product is marked at $300 and a discount of 10% is offered, what is the selling price?
  1. $270
  2. $300
  3. $280
  4. $290

Questions & Step-by-Step Solutions

If a product is marked at $300 and a discount of 10% is offered, what is the selling price?
  • Step 1: Identify the marked price of the product, which is $300.
  • Step 2: Calculate the discount by finding 10% of the marked price. To do this, multiply 300 by 0.10 (which is the decimal form of 10%).
  • Step 3: The calculation for the discount is 300 * 0.10 = $30.
  • Step 4: Subtract the discount from the marked price to find the selling price. So, $300 - $30 = $270.
  • Step 5: The selling price of the product after the discount is $270.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Subtraction – Applying subtraction to find the final selling price after discount.
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