A store sells a laptop for $800 after applying a discount of 20%. What was the m

A store sells a laptop for $800 after applying a discount of 20%. What was the marked price?

A store sells a laptop for $800 after applying a discount of 20%. What was the marked price?

Step 1: Understand that the store sells the laptop for $800 after a discount.
Step 2: Know that a 20% discount means the customer pays 80% of the marked price.
Step 3: Let the marked price be represented by 'x'.
Step 4: Write the equation for the selling price after the discount: 0.80 * x = $800.
Step 5: To find 'x', divide $800 by 0.80: x = $800 / 0.80.
Step 6: Calculate the result: $800 / 0.80 = $1000.
Step 7: Conclude that the marked price of the laptop was $1000.

Percentage Discount Calculation – Understanding how to calculate the final price after applying a percentage discount to a marked price.
Algebraic Manipulation – Using algebra to isolate variables and solve for the marked price based on the selling price.