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

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

Options:

  1. $180
  2. $190
  3. $200
  4. $210

Correct Answer: $180

Solution: 

Selling price = 200 - (0.10 * 200) = 200 - 20 = $180.

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

Practice Questions

Q1
If a product is marked at $200 and sold at a 10% discount, what is the selling price?
  1. $180
  2. $190
  3. $200
  4. $210

Questions & Step-by-Step Solutions

If a product is marked at $200 and sold at a 10% discount, what is the selling price?
Correct Answer: $180
  • Step 1: Identify the marked price of the product, which is $200.
  • Step 2: Determine the discount percentage, which is 10%.
  • Step 3: Convert the discount percentage to a decimal by dividing by 100. So, 10% becomes 0.10.
  • Step 4: Calculate the amount of the discount by multiplying the marked price by the decimal discount: 0.10 * 200 = $20.
  • Step 5: Subtract the discount amount from the marked price to find the selling price: 200 - 20 = $180.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount and apply it to find a discount.
  • Basic Arithmetic – Performing basic subtraction to find the final selling price after applying the discount.
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