A discount of 10% on a product priced at $250 results in a selling price of what

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Question: A discount of 10% on a product priced at $250 results in a selling price of what?

Options:

Correct Answer: $240

Solution:

Discount = 10% of 250 = 0.1 * 250 = 25. Selling Price = 250 - 25 = 225.

A discount of 10% on a product priced at $250 results in a selling price of what?

A discount of 10% on a product priced at $250 results in a selling price of what?

Step 1: Identify the original price of the product, which is $250.
Step 2: Calculate the discount amount by finding 10% of $250. This is done by multiplying 250 by 0.1 (which is 10% in decimal form).
Step 3: Perform the multiplication: 0.1 * 250 = 25. This means the discount is $25.
Step 4: Subtract the discount amount from the original price to find the selling price. So, $250 - $25 = $225.
Step 5: The final selling price of the product after the discount is $225.

Percentage Calculation – Understanding how to calculate a percentage of a given amount.
Subtraction – Applying subtraction to find the final selling price after discount.