Question

Find the sales price of the following item. Choose the correct answer. An oil filter listed at $2.89, marked down 31% $

Answer 1

$2
$2.89x.31=.89
$2.89-.89=$2

Answer 2

Answer: Sales price of the item would be approximately $2.

Explanation:

Since we have given that

List price of the item = $2.89

Rate of decline = 31%

So, Amount reduced by

`(31)/(100)* 2.89\\\\=0.31* 2.89\\\\=\$0.8959`

So, Sales price of the item will be

`2.89-0.8959\\\\=\$1.9941\\\\=\$2`

Hence, Sales price of the item would be approximately $2.