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OpenStudy (icalibear):
A coat at a clothing store is on sale for 39% off of the original price. The original price of the coat was $295. What is the best estimate of the sale price of the coat?
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OpenStudy (icalibear):
I did 295 * 0.39
OpenStudy (anonymous):
correct
OpenStudy (icalibear):
115.05?
OpenStudy (anonymous):
yep
OpenStudy (icalibear):
My answer choices are 100 120 180 260 and it says find the one closest so would i pick 120
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OpenStudy (anonymous):
295(1-0.39) = answer
OpenStudy (icalibear):
Is that always the fromula?
OpenStudy (anonymous):
yes, reduced price = original price(1 - discount factor) discount factor is percentage as a fraction.
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