If a product is sold for $240 after a discount of 20%, what was the marked price
Practice Questions
Q1
If a product is sold for $240 after a discount of 20%, what was the marked price?
$300
$280
$250
$320
Questions & Step-by-Step Solutions
If a product is sold for $240 after a discount of 20%, what was the marked price?
Percentage Discount – Understanding how to calculate the selling price after applying a percentage discount to the marked price.
Algebraic Manipulation – Using algebra to solve for the marked price by setting up an equation based on the relationship between marked price, discount, and selling price.