A store offers a 25% discount on a $120 item. What is the final price after the

A store offers a 25% discount on a $120 item. What is the final price after the discount?

A store offers a 25% discount on a $120 item. What is the final price after the discount?

Correct Answer: $90

Step 1: Identify the original price of the item, which is $120.
Step 2: Determine the discount percentage, which is 25%.
Step 3: Convert the discount percentage to a decimal by dividing by 100. So, 25% becomes 0.25.
Step 4: Calculate the amount of the discount by multiplying the original price by the decimal discount: 0.25 * 120.
Step 5: Perform the multiplication: 0.25 * 120 = 30. This means the discount is $30.
Step 6: Subtract the discount amount from the original price to find the final price: 120 - 30.
Step 7: Perform the subtraction: 120 - 30 = 90. So, the final price after the discount is $90.

Percentage Calculation – Understanding how to calculate a percentage discount from a given price.
Basic Arithmetic – Performing subtraction to find the final price after applying the discount.