Question

The discount allowed in a store for a cash payment is 6%. Find what a buyer pays for an article whose marked prices $567.50

Answer 1

A buyer would have to pay $533.45 for an article whose marked prices $567.50.

Explanation:

Marked price = $567.50

Discount=6%

Price after discount = 567.50 - 6% of 567.50

`=\:567.50\:-(6)/(100)\:* \:567.50`

`=567.5-34.05`

`=533.45` $

Therefore, a buyer would have to pay $533.45 for an article whose marked prices $567.50.