A discount of 15% is given on a product priced at $200. What is the selling pric

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Question: A discount of 15% is given on a product priced at $200. What is the selling price after the discount?

Options:

Correct Answer: $170

Solution:

Discount = 15% of 200 = 0.15 * 200 = 30. Selling Price = Cost Price - Discount = 200 - 30 = 170.

A discount of 15% is given on a product priced at $200. What is the selling price after the discount?

A discount of 15% is given on a product priced at $200. What is the selling price after the discount?

Step 1: Identify the original price of the product, which is $200.
Step 2: Calculate the discount amount by finding 15% of $200. This is done by multiplying 0.15 by 200.
Step 3: Perform the multiplication: 0.15 * 200 = $30. This is the discount amount.
Step 4: Subtract the discount amount from the original price to find the selling price. This is done by calculating 200 - 30.
Step 5: Perform the subtraction: 200 - 30 = $170. This is the selling price after the discount.

Percentage Calculation – Understanding how to calculate a percentage of a given amount.
Basic Arithmetic – Performing subtraction to find the selling price after applying a discount.