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A product is marked at $150 and is sold at a 10% discount. What is the selling p

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Question: A product is marked at $150 and is sold at a 10% discount. What is the selling price?

Options:

  1. $135
  2. $140
  3. $145
  4. $150

Correct Answer: $135

Solution: 

Selling price = 150 - (10% of 150) = 150 - 15 = 135.

A product is marked at $150 and is sold at a 10% discount. What is the selling p

Practice Questions

Q1
A product is marked at $150 and is sold at a 10% discount. What is the selling price?
  1. $135
  2. $140
  3. $145
  4. $150

Questions & Step-by-Step Solutions

A product is marked at $150 and is sold at a 10% discount. What is the selling price?
  • Step 1: Identify the marked price of the product, which is $150.
  • Step 2: Calculate the discount amount by finding 10% of the marked price. To do this, multiply 150 by 0.10 (which is the decimal form of 10%).
  • Step 3: The calculation for the discount is 150 * 0.10 = 15.
  • Step 4: Subtract the discount amount from the marked price to find the selling price. So, $150 - $15 = $135.
  • Step 5: The final selling price of the product is $135.
  • Percentage Calculation – Understanding how to calculate a percentage of a number and apply it to find discounts.
  • Basic Arithmetic – Performing subtraction to find the final selling price after applying the discount.
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