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If a product is marked at $150 and sold at a discount of 20%, what is the sellin
Practice Questions
Q1
If a product is marked at $150 and sold at a discount of 20%, what is the selling price?
$120
$130
$140
$110
Questions & Step-by-Step Solutions
If a product is marked at $150 and sold at a discount of 20%, what is the selling price?
Steps
Concepts
Percentage Calculation
– Understanding how to calculate a percentage of a number, in this case, finding 20% of the marked price.
Discount Application
– Applying the calculated discount to determine the final selling price of the product.
Basic Arithmetic
– Performing basic subtraction to find the selling price after applying the discount.
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