A sweater that normally sells for $78 is marked 15% off. Which of the following estimates the sale price of the sweater?
$12
$66
$22
$69
Correct Answer : B
we are to find the selling price of the sweater from the marked price and the discount. The marked price is given as
Discount=mark off rate*original price
Discount=15%*$78
Convert 15% into a fraction, which become 15/100=0.15. Then
Discount=0.15*$78=$11.70
The selling price of the sweater will be the original price less the discount or mark off value. Then,
Thus, the approximate selling price of the sweater is $66.
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