A stereo is marked down $75. If this is a 15% decrease, how do you find the sale price?

1 Answer
Nov 30, 2016

Answer:

The Sales Price is $425

Explanation:

First, we need to find the original price or: 15% of what is $75

"Percent" or "%" means "out of 100" or "per 100", Therefore 15% can be written as #15/100#.

When dealing with percents the word "of" means "times" or "to multiply".

Finally, lets call the number we are looking for, or "what", #n#.

Putting this altogether we can write this equation and solve for #n# while keeping the equation balanced:

#15/100 xx n = $75#

#100/15 * 15/100 xx n = 100/15 * $75#

#cancel(100)/cancel(15) * cancel(15)/cancel(100) xx n = ($7500)/15#

#n = $500#

Now that we know the original price we can subtract the discount or mark down from it.

So, the Sales Price #= $500 - $75 = $425#