Question

The price of an item has been reduced by 80%. The original price was $95. What is the price of the item now?

Answer 1

Explanation:

sellingprice−costprice

×100

95

sp−95

×100=80

openthebracket

95

100sp−9500

=80

100sp−9500=7600

100sp=7600+9500

100sp=17100

sp=171