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Difficulty: EasyPercentage Change, Markups, and Discounts

A hardware store is selling a power drill that originally costs $60.00\$60.00. If the drill is on sale for a 15%15\% discount, what is the final sale price?

  1. A
    $9.00\$9.00
  2. B
    $45.00\$45.00
  3. $51.00\$51.00Answer
  4. D
    $59.10\$59.10

Answer

The final sale price of the power drill is $51.00\$51.00.
The correct answer is found by first calculating the dollar amount of the discount ($60.00×0.15=$9.00\$60.00 \times 0.15 = \$9.00). Then, this discount is subtracted from the original price to find the final cost ($60.00−$9.00=$51.00\$60.00 - \$9.00 = \$51.00).

Step-by-Step Solution

1
Calculate the discount amount by finding 15%15\% of the original price ($60.00\$60.00).
$60.00×0.15=$9.00\$60.00 \times 0.15 = \$9.00
To determine exactly how much money will be taken off the original price.
2
Subtract the discount amount from the original price to find the sale price.
$60.00−$9.00=$51.00\$60.00 - \$9.00 = \$51.00
A discount reduces the total cost of the item, giving the final price.

Key Concept

Calculating percentage discounts and determining final sale prices.
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Topics

Percentage Change, Markups, and Discounts

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