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

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

Options:

  1. $135
  2. $140
  3. $145
  4. $150

Correct Answer: $135

Solution:

Selling price = 150 - (10/100 * 150) = 150 - 15 = 135.

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

Practice Questions

Q1
If a product is marked at $150 and is sold at a 10% discount, what is the selling price?
  1. $135
  2. $140
  3. $145
  4. $150

Questions & Step-by-Step Solutions

If a product is marked at $150 and is 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: 150 - 15.
  • Step 6: Calculate the final selling price: 150 - 15 equals $135.
  • 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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