A dress is marked at $250 and has a discount of 15%. What is the selling price?

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Question: A dress is marked at $250 and has a discount of 15%. What is the selling price?

Options:

Correct Answer: $212.50

Solution:

Selling Price = Marked Price - (Discount % of Marked Price) = 250 - (15/100 * 250) = 250 - 37.5 = $212.50.

A dress is marked at $250 and has a discount of 15%. What is the selling price?

A dress is marked at $250 and has a discount of 15%. What is the selling price?

Step 1: Identify the marked price of the dress, which is $250.
Step 2: Identify the discount percentage, which is 15%.
Step 3: Calculate the discount amount by multiplying the marked price by the discount percentage (in decimal form). This is done by calculating 15/100 * 250.
Step 4: Perform the multiplication: 15/100 equals 0.15, so 0.15 * 250 equals $37.50.
Step 5: Subtract the discount amount from the marked price to find the selling price. This is done by calculating 250 - 37.50.
Step 6: Perform the subtraction: 250 - 37.50 equals $212.50.

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