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If a product is marked at $200 and sold at a discount of 10%, what is the sellin

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Question: If a product is marked at $200 and sold at a discount of 10%, what is the selling price?

Options:

  1. $180
  2. $190
  3. $200
  4. $170

Correct Answer: $180

Solution: 

Discount = 10% of 200 = 20. Selling Price = Marked Price - Discount = 200 - 20 = $180.

If a product is marked at $200 and sold at a discount of 10%, what is the sellin

Practice Questions

Q1
If a product is marked at $200 and sold at a discount of 10%, what is the selling price?
  1. $180
  2. $190
  3. $200
  4. $170

Questions & Step-by-Step Solutions

If a product is marked at $200 and sold at a discount of 10%, what is the selling price?
  • Step 1: Identify the marked price of the product, which is $200.
  • Step 2: Calculate the discount by finding 10% of the marked price. To do this, multiply 200 by 0.10 (which is the decimal form of 10%).
  • Step 3: The calculation for the discount is 200 * 0.10 = 20.
  • Step 4: Subtract the discount from the marked price to find the selling price. So, 200 - 20 = 180.
  • Step 5: The selling price of the product is $180.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount, in this case, the discount on the marked price.
  • Subtraction – Applying basic arithmetic to find the selling price by subtracting the discount from the marked price.
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