Question

A leather jacket is listed at $230 the discount rate is 25% off the list price what is the sales price of the jacket?

Answer 1

Discount selling price= $172.5

Explanation:

Giving the following information:

Selling price= $230

Discount rate= 25%

To calculate the discount selling price, we need to use the following formula:

Discount selling price= selling price*(1 - discount rate)

Discount selling price= 230* (1-0.25)

Discount selling price= $172.5