If a product is marked at $150 and sold at a 10% discount, what is the selling p

If a product is marked at $150 and sold at a 10% discount, what is the selling price?

If a product is marked at $150 and sold at a 10% discount, what is the selling price?

Correct Answer: 135

Step 1: Identify the original price of the product, which is $150.
Step 2: Determine the discount percentage, which is 10%.
Step 3: Calculate the amount of the discount by multiplying the original price by the discount percentage: 10/100 * 150.
Step 4: Perform the multiplication: 10/100 equals 0.1, so 0.1 * 150 equals $15.
Step 5: Subtract the discount amount from the original price to find the selling price: 150 - 15.
Step 6: Perform the subtraction: 150 - 15 equals $135.

Percentage Calculation – Understanding how to calculate a percentage of a number and apply it to find a discount.
Basic Arithmetic – Performing basic subtraction to find the final selling price after applying the discount.