Question

Souvenir pennants are normally priced at $5 If they are on sale for 30 off, what is the sale price?

Answer 1

The sale price is `$3.50`

Explanation:

So souvenir pennants are priced at `$5.00` but it `30%` off. So to figure out the sale price, we need to multiply the original cost of the product by the percentage discount.

So to convert percentage to decimal, we need to divide 30 by 100 like this:

`30/100`

This gives us `0.30` so now, we multiply it by 5.00 like this:

`5.00*0.30`

Then we got `1.50` but...we are not finish, we need to subtract it from 5.00 like this:

`5.00-1.50=3.50`

The sale price is `$3.50`