A shopkeeper offers a discount of 25% on a product marked at $80. What is the fi

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Question: A shopkeeper offers a discount of 25% on a product marked at $80. What is the final selling price?

Options:

Correct Answer: $60

Solution:

Discount = 25% of 80 = 0.25 * 80 = 20. Selling Price = Marked Price - Discount = 80 - 20 = 60.

A shopkeeper offers a discount of 25% on a product marked at $80. What is the final selling price?

A shopkeeper offers a discount of 25% on a product marked at $80. What is the final selling price?

Step 1: Identify the marked price of the product, which is $80.
Step 2: Calculate the discount amount by finding 25% of the marked price. This is done by multiplying 0.25 by 80.
Step 3: Perform the multiplication: 0.25 * 80 = 20. This means the discount is $20.
Step 4: Subtract the discount from the marked price to find the final selling price. This is done by calculating 80 - 20.
Step 5: Perform the subtraction: 80 - 20 = 60. Therefore, the final selling price is $60.

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 basic subtraction to determine the final price after discount.