A sweater that normally sells for $95 is marked 30% off. Which of the following estimates the sale price of the sweater?
$67
$30
$22
$63
Correct Answer : A
The selling price of the sweater is marked price less the mark off value.
Mark off value=mark off rate*original price
Mark of value=30% of $95
Mark of value=0.30*$95=$28.50
Now, find the selling price of the sweater
Selling price= marked price-mark off value
Thus, the sweater will be sold for 66.50 after applying a mark off of 30%. The selling price is about $67.
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Explanation
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Explanation
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Explanation
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Explanation
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Explanation
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Explanation
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Explanation
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Explanation
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Negative correlation: an increase in one variable causes another one to decrease
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Explanation
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Correct Answer is A
Explanation
The selling price of the sweater is marked price less the mark off value.
Mark off value=mark off rate*original price
Mark of value=30% of $95
Mark of value=0.30*$95=$28.50
Now, find the selling price of the sweater
Selling price= marked price-mark off value
Thus, the sweater will be sold for 66.50 after applying a mark off of 30%. The selling price is about $67.
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