Examkin

Question

Difficulty: EasyDiscounts and Sale Prices

A mechanic needs to buy a new set of socket wrenches. The regular price of the set is $150.00\$150.00. If the store is offering a 30%30\% discount on all tools, what is the final sale price of the socket wrench set in dollars?

Answer: 105 $

Answer

The final sale price is $105.00\$105.00.
The correct answer is found by first determining the dollar value of the discount. A 30%30\% discount on $150.00\$150.00 is calculated as 150×0.30150 \times 0.30, which equals $45.00\$45.00. Subtracting this discount from the original price (150−45150 - 45) gives the final sale price of $105.00\$105.00.

Step-by-Step Solution

1
Calculate the discount amount.
$150.00×0.30=$45.00\$150.00 \times 0.30 = \$45.00
To find out how much money is being taken off the regular price.
2
Subtract the discount amount from the regular price.
$150.00−$45.00=$105.00\$150.00 - \$45.00 = \$105.00
To determine the final sale price after the discount is applied.

Key Concept

Calculating a single-step discount and determining the final sale price.
Rate this question

Topics

Discounts and Sale Prices

More questions from this topic