A shopkeeper marks a price of $250 on a table and gives a discount of 10%. What

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Question: A shopkeeper marks a price of $250 on a table and gives a discount of 10%. What is the selling price?

Options:

Correct Answer: $225

Solution:

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

A shopkeeper marks a price of $250 on a table and gives a discount of 10%. What is the selling price?

A shopkeeper marks a price of $250 on a table and gives a discount of 10%. What is the selling price?

Step 1: Identify the marked price of the table, which is $250.
Step 2: Calculate the discount amount by finding 10% of the marked price. This is done by multiplying 250 by 0.1.
Step 3: Perform the calculation: 0.1 * 250 = 25. This means the discount is $25.
Step 4: Subtract the discount from the marked price to find the selling price. This is done by calculating 250 - 25.
Step 5: Perform the subtraction: 250 - 25 = 225. Therefore, the selling price is $225.

Percentage Calculation – Understanding how to calculate a percentage of a given amount, in this case, the discount.
Subtraction – Applying the discount to the marked price to find the selling price.