Sale price

Sale Price = Original Price – (Discount Rate x Original Price)

“Original Price” is the price before the discount

“Discount Rate” is the percentage discount.

###### Question 1:

A laptop that was originally priced at $800 is now on sale for 15% off. What is the sale price?

Solution:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $800 – (0.15 x $800)

Sale Price = $800 – $120

Sale Price = $680

The sale price of the laptop is $680.

Requested by: Suhail

###### Question 2:

A necklace that was originally priced at $120 is now on sale for 30% off. What is the sale price?

Solution:

Using the same formula as above, we have:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $120 – (0.30 x $120)

Sale Price = $120 – $36

Sale Price = $84

The sale price of the necklace is $84.

Requested by: Suhail

###### Question 3:

A pair of shoes that were originally priced at $75 is now on sale for 25% off. What is the sale price?

Solution:

Applying the formula:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $75 – (0.25 x $75)

Sale Price = $75 – $18.75

Sale Price = $56.25

the sale price of the shoes is $56.25.

Requested by: Suhail

###### Question 4:

A toy that was originally priced at $40 is now on sale for 10% off. What is the sale price?

Solution:

Using the formula:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $40 – (0.10 x $40)

Sale Price = $40 – $4

Sale Price = $36

The sale price of the toy is $36.

Requested by: Suhail

###### Question 5:

A book that was originally priced at $25 is now on sale for 20% off. What is the sale price?

Solution:

Applying the formula:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $25 – (0.20 x $25)

Sale Price = $25 – $5

Sale Price = $20

The sale price of the book is $20.

Requested by: Suhail

###### Question 6:

A camera that was originally priced at $500 is now on sale for 35% off. What is the sale price?

Solution:

Using the formula:

Sale Price = Original Price – (Discount Rate x Original Price)

Sale Price = $500 – (0.35 x $500)

Sale Price = $500 – $175

Sale Price = $325

The sale price of the camera is $325.

Requested by: Suhail

Cost Price

Cost Price = Selling Price / (1 + Profit Margin)

“Selling Price” is the sale price after the discount

“Profit Margin” is the percentage profit margin.