A laptop is marked at $1200. If a discount of 30% is applied, what is the sellin

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Question: A laptop is marked at $1200. If a discount of 30% is applied, what is the selling price?

Options:

Correct Answer: $840

Solution:

Selling Price = Marked Price - (Discount % of Marked Price) = 1200 - (30/100 * 1200) = 1200 - 360 = $840.

A laptop is marked at $1200. If a discount of 30% is applied, what is the selling price?

A laptop is marked at $1200. If a discount of 30% is applied, what is the selling price?

Step 1: Identify the marked price of the laptop, which is $1200.
Step 2: Determine the discount percentage, which is 30%.
Step 3: Calculate the amount of the discount by multiplying the marked price by the discount percentage: 30% of $1200.
Step 4: Convert the percentage to a decimal: 30% = 30/100 = 0.30.
Step 5: Multiply the marked price by the decimal: 0.30 * 1200 = $360.
Step 6: Subtract the discount amount from the marked price to find the selling price: $1200 - $360.
Step 7: Calculate the selling price: $1200 - $360 = $840.

Percentage Calculation – Understanding how to calculate a percentage of a given amount and apply it to find the discount.
Subtraction in Pricing – Knowing how to subtract the discount from the marked price to find the selling price.