A product is originally priced at $55 is marked 25% off. What is the sale price?
Accepted Solution
A:
Answer: $41.25Step-by-step explanation: To calculate the sale price, we first need to calculate the discount. The formula for finding the discount is as followed.Original price × rate of discount = discountIn this problem, the original price is $55 and the rate of discount is 25% off or .25 as a decimal. Now, we have to multiply these two numbers together and we we will get the discount.55 × .25 = 13.75The discount is $13.75.Now, we can find the sale price. The formula for sale price is shown below.Original price - discount = sale priceThe original price is $55 and the discount is $13.75. Now, we have to subtract.$55 - $13.75 = $41.25Therefore, the sale price is $41.25.