Examkin

Question

Difficulty: EasyPercentage Change, Markups, and Discounts

A bakery owner is buying a new pastry display case. The regular price of the case is $800.00\$800.00, but the supplier offers a 15%15\% discount for paying upfront. What is the final price of the display case?

  1. A
    $120.00\$120.00
  2. B
    $785.00\$785.00
  3. $680.00\$680.00Answer
  4. D
    $788.00\$788.00

Answer

The final price of the display case is $680.00\$680.00.
The final price is found by first calculating the 15%15\% discount amount ($120.00\$120.00) and then subtracting it from the original price ($800.00\$800.00), which results in $680.00\$680.00.

Step-by-Step Solution

1
Calculate the discount amount by finding 15%15\% of the regular price.
$800.00×0.15=$120.00\$800.00 \times 0.15 = \$120.00
To determine how much money will be taken off the original cost.
2
Subtract the discount amount from the regular price.
$800.00−$120.00=$680.00\$800.00 - \$120.00 = \$680.00
To find the final discounted sale price.

Key Concept

Calculating a percentage of a quantity and subtracting it to find a discounted price.

Alternative Method

Instead of calculating the discount and subtracting, you can multiply the regular price by the percentage you actually pay. Since the discount is 15%15\%, the bakery owner pays 100%−15%=85%100\% - 15\% = 85\% of the original price. $800.00×0.85=$680.00\$800.00 \times 0.85 = \$680.00.
Estimated Time:45s
Rate this question

Topics

Percentage Change, Markups, and Discounts

More questions from this topic