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.
Question 1:
A toy is sold for $60, which is a 20% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the toy is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $60 / (1 + 0.20)
x = $60 / 1.20
x = $50
The cost price of the toy is $50.
Requested by: Zaki
Question 2:
A jacket is sold for $90, which is a 25% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the jacket is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $90 / (1 + 0.25)
x = $90 / 1.25
x = $72
The cost price of the jacket is $72.
Requested by: Zaki
Question 3:
A book is sold for $24, which is a 50% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the book is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $24 / (1 + 0.50)
x = $24 / 1.50
x = $16
Therefore, the cost price of the book is $16.
Requested by: Zaki
Question 4:
A pair of shoes is sold for $120, which is a 30% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the shoes is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $120 / (1 + 0.30)
x = $120 / 1.30
x = $92.31 (rounded to two decimal places)
Therefore, the cost price of the shoes is $92.31.
Requested by: Zaki
Question 4:
A laptop is sold for $900, which is a 15% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the laptop is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $900 / (1 + 0.15)
x = $900 / 1.15
x = $782.61 (rounded to two decimal places)
Therefore, the cost price of the laptop is $782.61.
Requested by: Zaki
Question 5:
A piece of jewelry is sold for $500, which is a 40% profit on the cost price. What is the cost price?
Solution:
Let’s assume that the cost price of the jewelry is x dollars.
Using the formula:
Cost Price = Selling Price / (1 + Profit Margin)
We can plug in the given values and solve for x:
x = $500 / (1 + 0.40)
x = $500 / 1.40
x = $357.14 (rounded to two decimal places)
Therefore, the cost price of the jewelry is $357.14.
Requested by: Zaki
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