Question

How much will you save if you buy an item listed at $575.50 at a 30 percent discount?

Answer 1

Answer: $ 172.65 will be saved.

Explanation:

Since, the marked up price of the item = $575.50,

Discount percentage = 30 %,

Thus, the total discount or the money that will be saved = 30 % of the marked up price

`= 30\% \text{ of }575.50`

`= 0.3 * 575.50` ( 1% = 0.01 ⇒ 30 % = 0.3 )

`= \$ 172.65`

Thus, $ 172.65 will be saved.

Answer 2

The problem is practically asking for the amount cut off from the original price as a discount. We let x be the discount.
x = ($575.50)(0.3)
The value of x from the equation is $172.65. Thus, you will save up $172.65.