The marked price of a monitor is $800. If a discount of 15% is given in a sales, find the selling price of the monitor.
Understand the Problem
The question asks to calculate the selling price of a monitor after applying a 15% discount from its marked price of $800. The approach involves finding the discount amount and subtracting it from the marked price.
Answer
The selling price of the monitor after a 15% discount is $680.
Answer for screen readers
The final selling price of the monitor after a 15% discount is $680.
Steps to Solve
-
Calculate the discount amount
To find the discount amount, multiply the marked price by the discount percentage.
Given the marked price of the monitor is $800 and the discount is 15%, the calculation is:
$$ \text{Discount} = \text{Marked Price} \times \frac{\text{Discount Percentage}}{100} = 800 \times \frac{15}{100} $$ -
Subtract the discount from the marked price
Once the discount amount is calculated, subtract it from the marked price to find the selling price.
Using the discount calculated in the previous step, the selling price is calculated as:
$$ \text{Selling Price} = \text{Marked Price} - \text{Discount} = 800 - (\text{Discount}) $$ -
Final calculations
Now, let's perform the calculations to find the discount amount and the selling price.
First, calculate the discount:
$$ \text{Discount} = 800 \times 0.15 = 120 $$
Then, calculate the selling price:
$$ \text{Selling Price} = 800 - 120 = 680 $$
The final selling price of the monitor after a 15% discount is $680.
More Information
This calculation shows how discounts are applied in pricing, which is useful in various retail scenarios. Understanding percentages can help consumers make better purchasing decisions.
Tips
- Miscalculating the percentage: Ensure that you convert the percentage to a decimal before multiplying.
- Forgetting to subtract the discount from the marked price: It's important to complete both steps to find the final selling price.
AI-generated content may contain errors. Please verify critical information
