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If a product is marked at $200 and sold at a 10% discount, what is the selling p
If a product is marked at $200 and sold at a 10% discount, what is the selling price?
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Q1
If a product is marked at $200 and sold at a 10% discount, what is the selling price?
$180
$190
$200
$210
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Selling price = 200 - (0.10 * 200) = 200 - 20 = $180.
Questions & Step-by-step Solutions
1 item
Q
Q: If a product is marked at $200 and sold at a 10% discount, what is the selling price?
Solution:
Selling price = 200 - (0.10 * 200) = 200 - 20 = $180.
Steps: 5
Show Steps
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.
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