A customer buys a laptop for $800 after a discount of 20%. What was the marked p

A customer buys a laptop for $800 after a discount of 20%. What was the marked price?

A customer buys a laptop for $800 after a discount of 20%. What was the marked price?

Step 1: Understand that the marked price is the original price before any discount.
Step 2: The customer bought the laptop for $800 after a 20% discount.
Step 3: A 20% discount means the customer pays 80% of the marked price.
Step 4: Let the marked price be represented by 'x'.
Step 5: Write the equation for the selling price after the discount: 0.80 * x = $800.
Step 6: To find 'x', divide both sides of the equation by 0.80: x = $800 / 0.80.
Step 7: Calculate $800 divided by 0.80, which equals $1000.
Step 8: Therefore, the marked price of the laptop is $1000.

Percentage Discount – Understanding how to calculate the selling price after applying a percentage discount to the marked price.
Algebraic Manipulation – Setting up and solving equations to find unknown values, in this case, the marked price.