Question

A jewelry store is having a going out of busniess sale. All merchandise is marked 40% off the reguler price. The regualr price of a watch is $59.95. Find the amount of the discount and the sale price.

Answer 1

Amount of the Discount: $23.98

Sale Price: $35.97

Explanation:

In order to calculate the discount we first need to turn this percentage into a decimal by dividing it by 100. Once we have it in decimal form we subtract that value from 1. Finally, we multiply this new decimal by the original price in order to obtain the sale price like so...

40 / 100 = 0.40

1 - 0.40 = 0.60

0.60 * 59.95 = 35.97

Now we have the sale price which is $35.97 now we can subtract this value from the original price to calculate the amount of the discount.

59.95 - 35.97 = 23.98