Question

A salesman priced a four wheeler at $3,500 the first day it was on the market. The second day he reduced the price by 10%. What was the new price

Answer 1

$3,150

Explanation:

To find the sale price, multiply the original price ($3,500) by 0.90. This 0.90 comes from subtracting 10% from 100% and converting the result to the decimal fraction 0.90.

0.90($3,500) = $3,150