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A shopkeeper marks a price of $200 on an item and offers a discount of 10%. What

Practice Questions

Q1

A shopkeeper marks a price of $200 on an item and offers a discount of 10%. What is the selling price?

$180
$190
$200
$170

Questions & Step-by-Step Solutions

A shopkeeper marks a price of $200 on an item and offers a discount of 10%. What is the selling price?

Step 1: Identify the marked price of the item, which is $200.
Step 2: Identify the discount percentage, which is 10%.
Step 3: Convert the discount percentage into a decimal by dividing by 100. So, 10% becomes 0.10.
Step 4: Calculate the discount amount by multiplying the marked price by the discount decimal: $200 * 0.10 = $20.
Step 5: Subtract the discount amount from the marked price to find the selling price: $200 - $20 = $180.

Percentage Calculation – Understanding how to calculate a percentage of a given amount, in this case, the discount on the marked price.
Selling Price Calculation – Determining the final selling price after applying the discount to the marked price.

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