A stereo is marked down $75. If this is a 15% decrease, how do you find the sale price?

1 Answer
Nov 30, 2016

The Sales Price is $425

Explanation:

First, we need to find the original price or: 15% of what is $75

"Percent" or "%" means "out of 100" or "per 100", Therefore 15% can be written as 15/10015100.

When dealing with percents the word "of" means "times" or "to multiply".

Finally, lets call the number we are looking for, or "what", nn.

Putting this altogether we can write this equation and solve for nn while keeping the equation balanced:

15/100 xx n = $7515100×n=$75

100/15 * 15/100 xx n = 100/15 * $751001515100×n=10015$75

cancel(100)/cancel(15) * cancel(15)/cancel(100) xx n = ($7500)/15

n = $500

Now that we know the original price we can subtract the discount or mark down from it.

So, the Sales Price = $500 - $75 = $425