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A product is marked at $500 and sold at a discount of 20%. What is the selling p
Practice Questions
Q1
A product is marked at $500 and sold at a discount of 20%. What is the selling price?
$400
$450
$350
$300
Questions & Step-by-Step Solutions
A product is marked at $500 and sold at a discount of 20%. What is the selling price?
Steps
Concepts
Percentage Calculation
– Understanding how to calculate a percentage of a given amount.
Discount Application
– Applying the calculated discount to find the final selling price.
Basic Arithmetic
– Performing subtraction to determine the selling price after discount.
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