A shopkeeper marks a price of $200 on an item and offers a discount of 15%. What

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Question: A shopkeeper marks a price of $200 on an item and offers a discount of 15%. What is the selling price?

Options:

Correct Answer: $180

Solution:

Selling Price = Marked Price - Discount = 200 - (15/100 * 200) = 200 - 30 = $170.

A shopkeeper marks a price of $200 on an item and offers a discount of 15%. What is the selling price?

A shopkeeper marks a price of $200 on an item and offers a discount of 15%. What is the selling price?

Step 1: Identify the marked price of the item, which is $200.
Step 2: Determine the discount percentage, which is 15%.
Step 3: Calculate the discount amount by multiplying the marked price by the discount percentage: 15/100 * 200.
Step 4: Perform the multiplication: 15/100 * 200 = 30.
Step 5: Subtract the discount amount from the marked price to find the selling price: 200 - 30.
Step 6: Perform the subtraction: 200 - 30 = 170.
Step 7: The selling price of the item is $170.

Percentage Calculation – Understanding how to calculate a percentage of a given amount and apply it as a discount.
Basic Arithmetic – Performing basic operations such as subtraction after calculating the discount.