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A shopkeeper marks a price of $200 on a shirt. If he offers a discount of 15%, w
Practice Questions
Q1
A shopkeeper marks a price of $200 on a shirt. If he offers a discount of 15%, what is the selling price of the shirt? (2023)
$170
$180
$190
$200
Questions & Step-by-Step Solutions
A shopkeeper marks a price of $200 on a shirt. If he offers a discount of 15%, what is the selling price of the shirt? (2023)
Steps
Concepts
Step 1: Identify the marked price of the shirt, which is $200.
Step 2: Calculate the discount amount by finding 15% of the marked price.
Step 3: To find 15% of $200, multiply 200 by 0.15 (which is 15% as a decimal).
Step 4: Calculate 200 * 0.15 = $30. This is the discount amount.
Step 5: Subtract the discount amount from the marked price to find the selling price.
Step 6: Selling Price = Marked Price - Discount = 200 - 30.
Step 7: Calculate 200 - 30 = $170. This is the selling price of the shirt.
Percentage Calculation
– Understanding how to calculate a percentage of a given amount and apply it to find the discount.
Basic Arithmetic
– Performing basic subtraction to find the selling price after applying the discount.
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